Evergreen Services Group's aggressive acquisition strategy reached new heights in 2025, with 47 acquisitions confirmed, showcasing a unique decentralized model to drive organic growth and target smaller, founder-owned MSPs. With three-platform operating companies, including Lyra Technology Group hitting $1 billion in annual recurring revenue in June 2025, Evergreen aims for even more acquisitions in 2026 and a bold $5 billion revenue goal by 2030, setting itself apart as a dominant force in the global MSP ecosystem.
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Evergreen Services Group: Inside the MSP Market's Largest Acquisition Machine
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Report / 27 Mar 2026 / Jessica Davis
In 2025, the MSP landscape experienced 169 publicly announced M&A transactions, signifying an ongoing appetite for acquisition with private equity playing a prominent role. The market has shifted towards institutionalization, with varying acquisition strategies focusing on areas such as cybersecurity, ERP, and automation, highlighting a maturing sector marked by diverse operating models and capabilities.
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MSP M&A Global Activity for 2025
Report / 27 Mar 2026 / Jessica Davis
In 2025, the Managed Service Provider (MSP) channel witnessed 169 publicly announced mergers and acquisitions (M&A) transactions, signaling continued consolidation within the industry. Private equity played a significant role in shaping this landscape, with North America leading the geographic distribution of these deals, highlighting a market increasingly defined by capital concentration and strategic differentiation.
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MSP M&A spotlight: Harbor IT
Report / 20 Feb 2026 / Omdia Analyst
Cybersecurity has become the central focus for modern managed services businesses like Harbor IT, which prioritizes a security-first approach in its operations and acquisitions. By integrating cyber risk management into its core strategies, Harbor IT is reshaping the landscape of MSP acquisitions, emphasizing vertical specialization, compliance expertise, and long-term value creation over traditional private-equity timelines.
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MSP Trends and Predictions 2026 – Executive summary
Report / 05 Feb 2026 / Robin Ody
Market forecasts and key statistics reveal a mixed landscape for Managed Service Providers (MSPs), with growth projections tempered by global instability and rising costs. As cybersecurity evolves and AI becomes integral, channel partners must adapt by focusing on specialization, operational efficiencies, and advanced security measures to stay competitive.
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MSP Trends and Predictions 2026
Report / 30 Jan 2026 / Robin Ody
Managed Service Providers (MSPs) will face significant challenges in 2026, and growth will be concentrated among the most clearly defined partners or the most acquisitive. True organic growth, excluding M&A activity and standard price increases, is likely to be difficult for most partners, as customer budgets, service commoditization, and price pressures make to a potentially challenging year. However, there are many positives ahead for focused and differentiated partners that are doubling down on their customer relationship capabilities, and technical and advisory skills.
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AI Capital Meets MSP Rollups: Inside Shield Technology Partners’ Expanding Strategy
News Analysis / 08 Dec 2025 / Omdia Analyst
AI capital and MSP consolidation are at the forefront of industry developments. Shield Technology Partners is reshaping the landscape with AI-backed venture funding, decentralized operations, and a tech-first strategy, raising critical questions for the MSP channel. As one of the pioneering platforms in this space, Shield’s model emphasizes long-term innovation, founder continuity, local branding, and customized technology integration, marking a shift toward AI-driven operational efficiencies and competitive dynamics within the MSP ecosystem.
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The Analyst Team
Jessica Davis
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Jessica C. Davis is a principal analyst in the managed services practice at Canalys, part of Omdia. She delivers research and insights on the evolving MSP and MSSP ecosystems, focusing on how service providers adopt emerging technologies including cybersecurity, AI, and automation to drive growth. Her work also encompasses M&A and investment activity among MSPs. Jessica supports vendors, distributors, and MSPs with market intelligence that informs channel strategy and partner engagement.
Prior to joining Canalys, Jessica spent nearly 30 years as a technology journalist and editorial leader. She served as editorial director at CyberRisk Alliance, leading B2B media brands covering managed services and cybersecurity. Earlier, she was a senior editor at InformationWeek, reporting on enterprise IT and AI before the rise of generative AI. She has led major industry research initiatives including the MSP 501, MSSP Benchmark Pricing Survey, and MSSP 250.
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