Nexus IT Secures $60M Investment to Accelerate Founder-Led, Values-Driven MSP/MSSP Expansion
Investment Announcement
Nexus IT, a prominent provider in Managed Services and Cybersecurity, has recently secured a $60 million investment from Metropolitan Partners Group. This funding, announced in collaboration with Diatonic Healthcare, is aimed at propelling Nexus IT’s growth strategy nationwide.
Strategic Focus
The investment positions Nexus IT to adopt a values-driven approach to mergers and acquisitions, specifically targeting managed service providers (MSPs) that align with its mission of exceptional client service and operational excellence, particularly in regulated sectors such as healthcare, finance, and legal.
Unique Growth Model
This financial commitment signifies a critical step in establishing a modern M&A platform that deviates from traditional investor strategies. Nexus IT emphasizes expanding through a founder-led model that prioritizes cultural fit and long-term value over sheer scale, ultimately promoting client-focused innovations.
Leadership Insights
“The investment enables us to grow intentionally—not just more rapidly but with improved quality,” stated Earl Foote, Founder and CEO of Nexus IT. “Our goal isn’t to increase volume, but to build a platform grounded in shared values and a commitment to elevating the IT experience.”
Partnering for Success
Metropolitan Partners Group brings not just capital but also significant operational expertise, complementing Nexus IT’s objectives. Their shared vision for strategic growth ensures that leadership integrity and company culture remain intact as Nexus IT expands through acquisitions.
Future Plans
The capital will be used to continue acquiring MSPs that demonstrate strong client and employee relationships, industry knowledge, and a commitment to service excellence. Nexus IT anticipates substantial growth in its U.S. presence over the next three years with several deals already in progress.
About Nexus IT
Nexus IT is a leading Managed Services and Cybersecurity provider offering top-notch IT support and security solutions to clients in compliance-heavy industries. Established in 1998, the company is recognized for its outstanding service and commitment to cultivating secure technology environments.
About Metropolitan Partners Group
Founded in 2008, Metropolitan Partners Group is a private investment firm dedicated to providing growth capital to businesses in the domestic lower middle market. The firm has invested over $3.1 billion and is known for working closely with management teams to foster substantial value growth.
