Finally, it may be a personal decision for the MSP business owner to start a new venture, retire or spend more time with family. Additionally, there may be circumstances where selling to a larger or adjacent MSP may allow the MSP to better support its customers in new ways, such as offering new capabilities or serving new markets. Perhaps the most common is an offer for the business that presents significant financial upside to the owner and the employees. There are many reasons an MSP owner may determine it is the right time to sell. Business owners that have already built a strong business in this space can see the significant potential financial upside, as demand for their capabilities and services is at an all-time high for buyers looking to acquire these services ready-to-go instead of building them themselves. These same growth factors also lead to a new trend: it has never been a better time to sell a successful MSP business. This is an incredible market opportunity for any business owner with the skills and know-how to take advantage. By some estimates, the market for global managed services is expected to reach $274.2 billion by 2026, up from $152.05 billion in 2020. Some say it has never been a better time to build a managed services provider (MSP) business.
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