by Madhur Duggar, Excendio Advisors

Excendio Advisors’ IT Newsletter for November is now live. Here are highlights of what we’re seeing across the MSP and IT services market.

Active Searches: We have new buy-side and sell-side mandates across MSP, cybersecurity, and cloud consulting. If you’re considering a transaction in the next 6–24 months, it may be a good time to compare notes.

Wall Street vs Main Street: Equity markets seem to have become disconnected with employment growth.

ITN Grow Tampa 2025 Takeaways: Good M&A advisors pay for themselves, when your leverage peaks in a transaction, earnouts are not free money and more.

Podcast: OBBBA Explained: Our latest M&A Insights episode with Dave Wanis (Weave) covers key OBBBA tax changes that impact MSPs, from QBI and QSBS benefits to R&D expensing, interest deductions, and overtime rules.

Recent M&A Activity: Another busy month with activity from strategic acquirers and financial investors. Buyer appetite remains strong for well-run firms with recurring revenue discipline.

Valuation Check-In: We continue to update our public and private market multiples. If you want a quick, confidential valuation benchmark, ask us here — we’ll run it at no cost.

Receive your copy of the November 2025 Newsletter by clicking here.