Dataprise, a renowned provider of managed services (MSP) and managed security services (MSSP), has recently made a significant announcement regarding their acquisition of Phoenix IT, a cybersecurity incident response and managed service provider based in Arizona. This strategic move not only enhances Dataprise’s cybersecurity platform with new Incident Response & Remediation Services but also extends its managed services regional footprint into Arizona.
The core mission of Dataprise revolves around combining top-notch, enterprise-grade solutions with personalized service delivery to ensure exceptional client experiences. The addition of Phoenix IT complements this mission by enabling Dataprise to offer comprehensive incident response and remediation services while catering to clients in Phoenix, AZ.
William Flannery, Chief Executive Officer of Dataprise, expressed his enthusiasm about the acquisition, highlighting Phoenix IT’s stellar reputation in cyber incident response and recovery on a national scale. The shared emphasis on security and customer-centric values between the two companies positions them well to unlock synergies and deliver enhanced value to their respective client bases.
Meanwhile, Nathan Phillips, Founder and CEO of Phoenix IT, emphasized the company’s rapid growth fueled by the rising demand for their Incident Response & Recovery Services, coupled with their dedication to supporting local businesses in Phoenix. Phillips views the partnership with Dataprise as highly compatible, projecting strong growth opportunities ahead as they strive to uphold their clients’ safety and security.
From the perspective of Christian Fulmino, SVP of M&A at Dataprise, Phoenix IT stands out for its strong leadership, cybersecurity expertise, and established presence in a region characterized by robust growth and opportunities. This alignment makes Phoenix IT an ideal addition to Dataprise’s strategy of expanding its nationwide footprint and offering advanced cybersecurity solutions to the market.
Lance Meilech played a crucial role as the investment banker in facilitating the sale of Phoenix IT, underscoring the successful execution of this pivotal transaction.
In terms of Dataprise’s background, the company, established in 1995, is a portfolio company of Trinity Hunt Partners, a growth-oriented private equity firm. With a steadfast belief that technology should empower clients to achieve their best, Dataprise is recognized for its excellence in managed services and security solutions, catering to strategic CIOs and IT leaders across the United States. By delivering top-tier managed services encompassing cybersecurity, disaster recovery, infrastructure, cloud, and end-user support, Dataprise drives business transformation, enhances user experiences, and minimizes risks for over 2,000 clients nationwide.
Overall, the acquisition of Phoenix IT by Dataprise marks a significant milestone in strengthening their cybersecurity offerings and geographic presence, setting the stage for continued growth and innovation in the managed services industry.