The 20 Announces Strategic Partnership with N-able
Leading MSP organization The 20 announces partnership with global software company, expands offerings and support resources for MSP members.
The 20, a premier membership-based peer group and growth platform for managed service providers (MSPs), is excited to announce its new strategic partnership with N-able, a globally recognized provider of IT management and monitoring solutions designed specifically for the managed IT services industry.
This collaboration stands to broaden The 20’s offerings and service capabilities, while empowering members using N-able tools to streamline operations, improve efficiency, and unlock new growth opportunities.
The partnership comes on the heels of The 20’s acquisition of Collabrance – a “master MSP” that supports service providers on N-able’s software stack – and serves to strengthen the Collabrance side of The 20’s MSP network with enhanced integrations and expanded access to N-able’s support resources.
The 20 is particularly excited to begin leveraging Cove Data Protection, N-able’s powerful cloud-based backup solution. Going forward, The 20 will offer Cove as part of its standard security stack. Cove offers MSPs next-generation data backup with features like image-based backups, ransomware resilience, and a user-friendly, unified interface. This robust solution allows for quick, automated data recovery, enabling businesses to swiftly resume operations in the event of data loss or disruption.
Adding Cove to its portfolio enhances The 20’s ability to provide its MSP members with superior data protection and continuity services to their clients, an increasingly important aspect of IT management as the rapidly evolving threat landscape introduces more complex and frequent cyberattacks.
Cove stands apart from traditional backup solutions by offering a cloud-first architecture that simplifies backup and data recovery, reducing the need for a separate solution and avoiding the inefficiencies and high costs of legacy image-based systems.
The 20’s leadership is thrilled to expand its offerings and help its members evolve their services to keep pace with clients’ needs.
“This partnership is going to work wonders for our members – especially those on N-able’s stack,” shared Tim Conkle, The 20’s founder and CEO. “We’re excited to deepen our understanding of the N-able environment so we can help a large portion of our members leverage their chosen tools to the fullest. This is about making sure every MSP in our tent is positioned to reach its full potential.”
To learn more about N-able’s portfolio of solutions, visit n-able.com/products.
About The 20 MSP Group
The 20 MSP Group is an exclusive consortium for Managed Service Providers (MSP) aimed at dominating and revolutionizing the IT industry with its standardized all-in-one approach. The 20’s robust RMM, PSA, and documentation platform ensures superior service for its MSPs’ clients utilizing their completely US-based Help Desk and Network Operations Center. Extending beyond proven tools and processes, The 20 touts a proven sales model, a community of industry-leading MSPs, and ultimate scalability. To learn more, visit the20.com.
About The 20 MSP
As a leading provider of managed IT services, The 20 MSP serves thousands of businesses nationwide, providing each one with white-glove service, secure and streamlined IT infrastructure, and 24/7/365 support. We believe in building lasting relationships with clients founded on trust, communication, and the delivery of high-value services for a fair and predictable price. Our clients’ success is our success, and we are committed to helping each and every organization we serve leverage technology to secure a competitive advantage and achieve new growth. To learn more, visit the20msp.com.
About N-able
N-able fuels IT services providers with powerful software solutions to monitor, manage, and secure their customers’ systems, data, and networks. Built on a scalable platform, we offer secure infrastructure and tools to simplify complex ecosystems, as well as resources to navigate evolving IT needs. We help partners excel at every stage of growth, protect their customers, and expand their offerings with an ever-increasing, flexible portfolio of integrations from leading technology providers. n-able.com
MSP Process: 4 Finer Points
You hear it a lot: The best MSPs are “process-driven.” Success in the managed services industry takes more than talent and hard work; it takes process. Process is king! And so on and so forth…
The ‘P-word’ is an important one in the MSP space, but like a lot of business jargon, we tend to use it freely, casually, without giving too much thought to its meaning. This is a shame, and in the case of “process,” a major shame, because the topic truly is endlessly interesting.
In this article, we’re shedding light on some of the subtler, finer points associated with process. The goal is to help MSP owners understand the importance of process not only more clearly, but on a deeper level, too.
This discussion is aimed at the ‘thinking MSP owner’ – one who knows that being process-driven is about a lot more than following SOPs and maintaining documentation. So, without further ado, here are four surprising observations that just might give you a fresh perspective on what it means to be a process-driven MSP – and what it takes, too.
Finer Point #1: Great processes can look & feel WEIRD.
What’s a process? It’s a way of carrying out a particular task. It has steps. It’s well-defined. It tells you what to do, as well as when and how to do it. For MSPs, processes are particularly key in areas like ticket management, client onboarding, incident response, network monitoring, and regular maintenance tasks.
Processes are supposed to make things go smoothly and efficiently – but this masks an important truth about truly great, truly innovative processes: they can (at least at first) look and feel weird.
History is littered with examples of strange-seeming processes outperforming the norm – or even replacing it as the gold standard. From Tetris to free throws, progress often comes on the heels of daringly different approaches. Perhaps the clearest example of this comes from track and field…
Before 1964, high jumpers cleared the bar with a kind of scissors-kick motion; then Dick Fosbury came up with a new way – a better way – of jumping. His novel technique, which came to be known as the “Fosbury flop,” looked pretty funny at first. One reporter wrote that Fosbury resembled a “fish flopping in a boat.” But the American athlete’s awkward-looking method worked, and the last time an Olympic high jumper did NOT use it was over fifty years ago.
It just goes to show – sometimes you need to be willing to look silly to reach new heights. So ask yourself: Is there something my MSP could be doing better – faster, more efficiently, more thoroughly, etc. – that we’re currently resisting (or not even considering) because it seems ‘weird’?
The answer’s almost surely ‘yes.’ Your job, then – and your team’s job – is to (a) find out what that something is, and (b) find the courage to take the leap, however strange it may look to others.
Finer Point #2: Innovation in process can feel like a step backward.
Once again the world of sports provides us with an illuminating lesson on the nature of process.
This time we turn to golf – and to arguably the greatest golfer of all time: Tiger Woods. After winning the 1997 Masters in convincing fashion, Woods did something no one was expecting: he took apart his swing and rebuilt it from the ground up.
His old swing worked better than well – it got him the Green Jacket! But it could be better. That was the point – it could be better. So, Tiger did the opposite of what conventional wisdom tells us and proceeded to fix what wasn’t, strictly speaking, broken.
After retooling his entire swing under his coach at the time, Butch Harmon, Woods struggled for a bit – for two years, in fact. His body wasn’t used to the new motion, but he persisted, and in 1999, he called up Harmon with some good news: “Butchie,” Tiger said, “I got it.” And so began a 7-year period of utter dominance, during which Woods would make 142 consecutive cuts, a towering record in golf that remains unbroken.
The lesson here is clear: sometimes – oftentimes – implementing a new process, no matter how good it is, will involve an initial period of difficulty.
It’s called adjustment. If your people are used to doing things one way, you can’t expect them to seamlessly adopt a whole new way of doing things just like that. The road to progress isn’t linear, and it requires unlearning old habits as much as learning new skills.
So, when it comes to implementing new processes at your MSP, be patient, and accept that mistakes will happen. The key is responding to them appropriately – as opportunities to learn and refine, not blame and punish. Capisce?
Finer Point #3: Process without feedback is practically useless.
Processes aren’t good on their own. They need something else: intelligent oversight and consistent feedback. Let’s focus on the latter, and why it’s indispensable.
The overarching reason feedback and process go hand in hand is a simple one: not all processes are created equal. In fact, some processes suck. Feedback, then, is the tool by which we make our processes better. But feedback, to truly drive continuous improvement, has to be – you guessed it – continuous.
Curious to know how we ensure that regular feedback drives continuous process refinement and operational improvements here at The 20? Here’s a peek behind the curtain:
At The 20, we approach building a culture of continuous improvement in this way. We start with “the basics” – everyday tasks and core processes that drive the business. We document these tasks and use critical thinking to identify and eliminate (or at least minimize) inefficiencies. Once we’ve clearly mastered these basics (as defined by a set of carefully chosen metrics), we introduce more complex, strategic initiatives, with the goal of integrating them into our regular operations.
As these complex initiatives become part of the “basics,” we continue the cycle by introducing new, even more ambitious strategies and projects. This ongoing process ensures that what was once challenging becomes routine, and the cycle of improvement never stops, driving sustained growth and success for our MSP – and the MSPs in our membership group.
It works for us, and we know it’ll work for your MSP, too. Oh, and if you were wondering, Tiger Woods didn’t just reinvent his swing once, but three separate times! Continuous improvement, folks – that’s what long-term success is all about.
#4: The purpose of process isn’t to think less, but think more – and better!
When you hear “process-driven,” your mind might go to the idea of automating everything and thinking less. But in reality, the purpose of process is to free up mental space for better, more strategic thinking.
By creating structured workflows and standardizing tasks, you remove unnecessary guesswork, allowing your team to focus on problem-solving and innovation. In this way, a well-defined process doesn’t reduce thought – it enhances it, enabling more thoughtful, directed decision-making.
Here at The 20, we believe strongly in the power of making easy things easy, to free up time, energy, and resources for the hard stuff: solving complex client issues, improving security protocols, refining service delivery, driving long-term strategic growth – and so on.
That’s why our US-based 24/7 support desk can take on as much as 90% of your tickets, freeing you and your team up to tackle higher-value projects and initiatives. With our proven processes in place, you can throw yourself into the hard stuff, which is also the fun stuff – and the stuff that leads to real growth.
Let’s connect!
If you want to find out more about The 20 – who we are and how we help MSPs grow – fill out this short form and we’ll be in touch. We’d love to hear more about your MSP business – as well as discuss our model and membership requirements in more depth.
If you enjoyed this discussion and are hungry for more MSP wisdom, head over to our blog – there are plenty of articles to choose from. Happy reading!
MSP Acquisition Spotlight – Michael Wayland
Discover firsthand experiences from Michael Wayland, a former MSP owner, on adjusting to life within a larger organization, finding the right buyer, and embracing a new work-life balance after selling his business to The 20 MSP.
1. What’s it like not being your own boss anymore? Did that take some getting used to?
It was certainly an adjustment at first. I joke that I traded my 80-hour-a-week job for a 50-hour-a-week one. I’m not sitting back and relaxing, but I do have a lot more time for hobbies I haven’t been able to enjoy for years. One big adjustment is that, when you’re used to making all the decisions, it’s different to step back and collaborate within a larger structure. But in a way, it’s also a relief—I can focus on my strengths and trust others to handle theirs. It’s all about finding that balance and embracing the change.
2. Selling your MSP is a big decision. Where did you go for guidance and advice?
First and foremost, it was a conversation with my wife about how the change would affect our family. Then I spoke with a mix of mentors, industry peers, my attorney, and my CPA. It was important to get advice from people who’d been through it, so I wasn’t flying blind. I also leaned on legal and financial experts to ensure every angle was covered.
3. How difficult was it to find the right buyer? What made you choose The 20 MSP in the end?
At the time, I was not in the market to sell my MSP. In fact, I had just experienced my own acquisition falling through at the closing table. It was challenging, no doubt. You want to ensure you’re leaving your company in good hands—not just financially, but for your team and clients as well. The 20 MSP felt like the right fit because of their reputation, the history my clients and I already had with them, and the culture they’ve built. It wasn’t just about the numbers; it was about where the business could grow from there.
4. How did you approach sharing your M&A plans with your team and clients? Were you surprised by any of their reactions?
For some clients, I made sure to communicate openly and early; for others, I informed them in person after we closed. I let my team know a little over a month before the scheduled closing date. Transparency was key—I wanted everyone to know they’d still be taken care of. Reactions varied: some were nervous, some excited, but overall, there was a lot of support. People appreciate honesty, and I believe that went a long way.
5. What’s changed the most in your life since selling your MSP?
The biggest change for me has been the pace, variety, and type of work I do. It is nice to be able to focus and improve and get better at a smaller subset of tasks and skills.
6. Since selling your MSP, is there something – inside or outside of work – that you’ve been able to focus on more?
It has been nice to be able to pick up some of my hobbies again. I’ve managed to actually complete several games since Roll-Up. Also, knowing that when you do take a break on the weekend or on vacation I can actually shut my brain off and not worry about what is going on with the clients back at the office, that has been one of my favorite benefits so far.
7. What’s your best advice for someone thinking about selling their MSP?
Make sure you’re mentally ready for the change, not just financially. It’s a big shift, and you need to think about what’s next for you personally, not just for the business. And get good advisors—they’re worth their weight in gold.
8. Can you talk about your current role? How has your day-to-day changed since selling your company?
My current role is primarily as the Director of Managed Websites. I helped develop and build the new department and manage the day-to-day operations, including ongoing projects, maintenance, and ticket requests. In addition, I assist with some internal automations and tools.
9. In your opinion, what’s the most important quality for success?
Grit and perseverance with some humility and a desire to never stop learning.
10. What’s something most people don’t know about you?
I started college at the age of 15. Every year, I serve as a judge for the Mensa Mind Games Selection Committee, where I spend three days, 12–16 hours a day, playing new and pre-release tabletop board games to grade and select the three “best.”
11. Describe your dream vacation in 3 words…
Wood-Cabin, Coffee, Wife.
Ready to explore more about M&A? Visit our M&A tips page for valuable insights and guidance on other acquisitions like Michael Wayland!
MSP Tough Talk: 11 Hard Truths
There’s what you want to hear, and there’s what you need to hear – and the two don’t always line up. But if you’re striving to grow a successful MSP business – to get ahead in this ultra-competitive industry – the stakes are too high to skimp on the truth. So we’re not.
We’ve compiled 11 heavy-hitting but essential hard truths to help you shatter those persistent barriers to your MSP’s growth.
So put on your thick skin, check your ego at the door, and let’s face the facts.
Hard Truth #1: You’re Going to Make Mistakes
Here at The 20, we talk a lot about making things easier for MSP owners – heck, it’s the entire purpose of our peer group and revolutionary business model. But this doesn’t change the fact that real growth means screwing up sometimes.
It’s true – the path to success is never error-free. Building a large, profitable MSP business means taking risks, and mistakes will happen. In the MSP space, what separates ‘the best’ from ‘the rest’ isn’t the ability to avoid mistakes altogether; it’s the ability to learn from them and keep moving forward. Remember, mistakes aren’t failures; they’re stepping stones to success.
Hard Truth #2: Saying No Is Fundamental
In an MSP’s early days of growth, every new client feels like a windfall, and saying yes can become a reflex. But success in the MSP industry – and in any industry for that matter – requires knowing when to say no. This might mean turning down an unreasonable client demand or choosing not to work with a difficult client. We’ve seen too many MSP owners run themselves – and their companies – into the ground by saying yes to everything. Don’t make the same mistake!
Hard Truth #3: Not All Business Is Good for Business
Although a specific instance of knowing when to say no, the following hard truth is so important, it deserves to be highlighted specifically: Not every client is worth keeping.
In fact, knowing when it’s time to ‘break up’ with a client is an invaluable skill for MSP leaders. That’s because not every client is worth holding onto – especially those clients who drain your time, resources, or morale. It’s easy to fall into the trap of thinking that every client is essential, but sometimes, cutting ties with the wrong ones is the best decision for long-term growth.
Pro Tip – The following are warning signs a client might not be a great fit for your MSP:
- Consistently poor communication
- Unrealistic expectations or demands
- Failure to see IT as an investment and reluctance to upgrade critical systems
- Chronic late payments or disputes over pricing
- Disrespectful behavior or disregard for boundaries and contracts
Hard Truth #4: Your MSP Can’t Survive on an Island
This hard truth is the reason The 20 exists – and it’s truer today than ever. When we started The 20, we would tell MSP owners they couldn’t thrive on an island. But now, with our industry maturing at a dizzying pace, we’re prepared to upgrade that statement:
Forget thriving – your MSP can’t even survive on an island.
In other words, isolation is no longer an option. Success in today’s MSP industry demands collaboration, shared knowledge, and leveraging the collective strength of a community – like ours!
Hard Truth #5: Right People in Right Seats = Everything
Talk about hard truths! This is one of the most difficult lessons for MSP owners to learn – just ask our CEO, Tim Conkle.
But putting the right people in the right seats – in roles that they’re suited and equipped for – is absolutely vital to ensuring long-term growth and success as an MSP. And remember, making sure everyone’s in the right seats isn’t just better for your business – it’s better for your team too. When team members are placed in roles that align with their strengths and abilities, they’re more likely to excel and avoid burnout.
Hard Truth #6: Strategy > Stack
MSP owners are naturally drawn to technology, but focusing too much on the tools rather than the big picture can hold you back. Remember: your stack is only as effective as the strategy behind it. A smaller, well-curated vendor pool saves time and reduces complexity, allowing you to focus on growth and client satisfaction. Instead of constantly juggling tools and contracts, streamline your solutions and align them with your business goals. A strong strategy will always outperform even the most advanced tech stack.
Inside Scoop – One of the main reasons MSPs become members of The 20 is to curb ‘vendor fatigue.’ Our battle-tested stack and contract management process take the hassle out of juggling multiple vendors, simplifying operations and saving you valuable time.
Hard Truth #7: Word of Mouth Won’t Cut It
Relying on referrals alone to grow your MSP is a risky gamble. To scale your MSP, you need consistent marketing and lead generation efforts. Invest in strategies that put your name in front of prospects and set your business apart from the crowd. And don’t hesitate to get yourself some help – your growth depends on it!
Hard Truth #8: Technical Knowledge Is Secondary to Industry Knowledge
Being a technical expert is important, but it’s not what will propel your MSP to the top of the industry. To truly thrive in the MSP space, you need to understand the broader trends shaping the industry. Are you aware of emerging technologies, changing client expectations, and market shifts? Staying informed requires effort – join a peer group, attend conferences, and engage with industry leaders. Remember, isolation isn’t just lonely – it’s a reliable shortcut to the back of the pack.
Hard Truth #9: Sales Is a Rare Skill – Hire for It
It’s no secret that sales is a powerful driver of growth. But less widely appreciated is the fact that great sales talent takes time to find, train, and retain. So whatever you do, don’t delay the investment for any longer than absolutely necessary. We tend to recommend that growth-minded MSPs hire at least one skilled salesperson to focus on building a healthy pipeline.
Pro Tip – Don’t expect a sales professional to be some kind of ‘silver bullet’ for all your growth woes. After hiring sales specialists, nurture them with the right onboarding, training, and professional development opportunities. Check out this article for more advice on how to make the most of your sales hires.
Hard Truth #10: Egos Are Expensive
Egos are expensive. They’re very expensive, in fact. In fact, they’re very, very expensive. The sooner you learn that, the better. After working with hundreds of MSP owners here at The 20, it has become clear that the one trait that drives success more than any other is the ability to step back and evaluate things objectively, without the ego’s constant input and need for validation. Master that, and you’ll unlock a whole new world of growth.
Hard Truth #11: You’re (Probably) Not Focused Enough on Scalability
You might think you’re sufficiently focused on building out scalable business processes, but chances are, you’re not. It’s almost impossible to underestimate the importance of scalability to your MSP’s long-term growth. It’s also all too easy to lose sight of the fact that scalability is a matter of degree. It’s not an either/or proposition; it’s an ongoing effort to optimize and streamline – and the best MSPs are continually refining things to make operations more scalable.
So however much time and resources you’re putting into making your core processes more scalable, it’s likely not enough. What gives us the confidence to say this? Working with hundreds and hundreds of MSPs over the course of several decades.
Related Blog – Check out our article on the importance of scalability for MSPs.
Final Thought
Hard truths might be difficult, but accepting them is a lot easier than trying to succeed without them. So remember the no-nonsense advice we’ve given here – and do your best to surround yourself with people who can ‘tell it like it is.’
Our MSP members definitely appreciate the open dialogue that goes on here at The 20. We collaborate, we share what we know, and we hold each other accountable. Why? Because working together works wonders.
Interested in joining a dynamic community of MSP owners who support one another’s growth? Schedule your call with The 20 today! We’d love to learn about your MSP business, its main challenges, and your long-term professional goals. With over 150 MSPs in our network, every successful partnership begins with a simple conversation. Let’s connect!
The Turnaround Story of Seann Moreno and His MSP Journey with The 20
In 2022, Seann Moreno of Data Tech Café found himself in a predicament that many Managed Service Providers (MSPs) dread: his business was bleeding money. Day-to-day challenges had accumulated so much, simply staying afloat was becoming a huge burden. His MSP needed a turnaround – and fast.
Big Changes
Seann’s main struggle was high turnover among technical staff. Training technicians only to watch them leave drained company resources, while making it difficult to provide consistently excellent service. The problem wasn’t going to go away on its own, so Seann started thinking.
First, he took an honest look at his operations and several things became clear: he needed to overhaul his approach to managing tech support, as well as streamline client onboarding and bring documentation up to par.
Making these changes would be no small feat, but Seann understood their urgency, and in late 2022, he began exploring outsourcing Tier 1 support so he could focus on high-level projects and onboarding tasks. He explored several companies, but they either (a) lacked a US-based support desk, or (b) weren’t a good fit culturally.
1,800 Endpoints Later…
Finally, Seann met with The 20. Impressed by our team’s structured leads and 24/7 US-based support desk, he decided to test out our service with his largest and noisiest client. The transition started small, with simple tasks like password resets. But it didn’t stay small – within two months, Seann had moved 1,800 endpoints over to The 20.
The initial experiment was a success. But was Seann ready to make the full transition? Adopting our service delivery model for all his clients would be a massive undertaking, and there was still that documentation to worry about…
Despite his fears, Seann committed to the transition.
Focused on Growth
Seann’s goal in joining The 20 was clear: minimize internal Tier 1 tasks and reevaluate his team composition. By June, merely four months later, every one of his clients was fully onboarded with The 20.
The improvements came quickly and were dramatic. Leveraging The 20’s resources and support desk allowed Seann to serve more/bigger clients with fewer staff, leading to greater operational efficiency and profitability. We even helped with that pesky documentation!
From a company struggling to stay afloat with negative EBIDTA, Data Tech Café was now thriving, growing, and scaling with ease.
A huge part of Data Tech’s transformation involved a shift in focus among Seann and his leadership team. No longer bogged down by day-to-day operations (Data Tech was able to offload up to 90% of Tier 1-3 work to The 20), Seann’s senior staff could turn their full attention to high-value activities and strategic growth initiatives. And with The 20’s top-notch technical team shoring up support, Seann’s days of worrying about retaining talent were over.
“The 20 allows me to work on my business now instead of in my business…and life is great because of it.” – Seann Moreno
With The 20’s help, Seann transformed Data Tech Café into the large and profitable company he’d always dreamed of building, and in 2023, he sold that company to The 20 – a big payday and the next chapter in his MSP’s growth journey.
Seann Moreno’s story might be remarkable, but it’s not unusual. The right partnership can make all the difference for a struggling MSP. Success in this industry isn’t just about working hard; it’s about working smart – and getting help when you need it.
Grow Your MSP with The 20!
Questions about growing your MSP? Let’s Talk!
The 20 MSP Bolsters Southeastern Footprint with 37th Acquisition
The 20 MSP continues rapid nationwide expansion with acquisition of Alabama-based Eagle’s Wings Technologies.
Full Press Release Here
PLANO, TX. Dec.3, 2024 – Leading managed service provider (MSP), The 20 MSP, today announced its thirty-seventh acquisition to date, and its eleventh of the year. This latest deal brings Alabama-based MSP Eagle’s Wings Technologies under The 20 MSP’s growing umbrella, strengthening the organization’s presence in the Southeastern United States and maintaining strong growth momentum to close out the year.
Headquartered in Enterprise, Alabama, Eagle’s Wings Technologies (President/CEO – Greg Padgett) joined The 20’s acclaimed membership-based growth platform and peer group, The 20 MSP Group, in 2018 in an effort to enhance scalability, streamline operations, and dedicate more time to focusing on business growth and client success.
Since joining the group, Eagle’s Wings has experienced significant year-on-year growth, tripling in size and expanding its service capabilities to include clients in two additional states. “It’s dramatically transformed the way that we do business,” said Padgett, whose MSP won “Support Desk Favorite” in 2023 at the VISION Awards, The 20’s annual honors for top-performing MSPs in its peer group.
“Greg [Padgett] has built something really special – and very much by design,” shared Tim Conkle, The 20’s founder and CEO, and the architect of his company’s bold M&A strategy. “When he came to us back in 2018 looking for help, he understood that the end game was being able to step away from the day-to-day stuff and focus instead on scaling the business and driving long-term growth. Seeing him do exactly that – and transform his company from a break/fix-focused outfit into a thriving regional MSP – has been incredibly inspiring. It’s also been a powerful reminder that what we’re doing works!”
The 20’s leadership team shares in Conkle’s enthusiasm and looks forward to working closely with Eagle’s Wings’ core team to ensure a smooth transition for employees and clients alike.
The 20’s M&A spree began in 2022 with a flurry of acquisitions and has continued at a consistent pace. The company’s consolidation strategy is centered around acquiring ‘member MSPs’ – MSPs that belong to The 20 MSP Group – but also extends to identifying high-potential businesses that align with The 20’s values and growth vision.
Conkle commented on the critical role that talented people and strong leadership play in driving The 20’s growth momentum and success. “From the outside looking in, people tend to focus solely on the balance sheet and on the remarkable growth we’ve achieved in just two short years,” shared Conkle. “But the lynchpin of these deals – the real magic – isn’t neatly quantifiable, as it lies in the talent and expertise we’re adding with each new roll-up. The MSP owners—now shareholders—are the ones who keep The 20 evolving and agile in an industry that demands it. So I’ll say it again: our greatest differentiator is our people.”
Pinecrest Capital Partners served as the exclusive financial advisor to The 20 MSP on the acquisition and associated financing. The 20 has additional acquisitions lined up in the coming months.
About The 20 MSP
As a leading provider of managed IT services, The 20 MSP serves thousands of businesses nationwide, providing each one with white-glove service, secure and streamlined IT infrastructure, and 24/7/365 support. We believe in building lasting relationships with clients founded on trust, communication, and the delivery of high-value services for a fair and predictable price. Our clients’ success is our success, and we are committed to helping each and every organization we serve leverage technology to secure a competitive advantage and achieve new growth. To learn more, visit the20msp.com.
About The 20 MSP Group
The 20 MSP Group is an exclusive consortium for Managed Service Providers (MSP) aimed at dominating and revolutionizing the IT industry with its standardized all-in-one approach. The 20’s robust RMM, PSA, and documentation platform ensures superior service for its MSPs’ clients utilizing their completely US-based Help Desk and Network Operations Center. Extending beyond proven tools and processes, The 20 touts a proven sales model, a community of industry-leading MSPs, and ultimate scalability. To learn more, visit the20.com.
MSP Acquisition Spotlight – Adam Bell
Discover firsthand experiences from Adam Bell, a former MSP owner, on adjusting to life within a larger organization, finding the right buyer, and embracing a new work-life balance after selling his business to The 20 MSP.
1. What’s it like not being your own boss anymore? Did that take some getting used to?
Yes and no. I do miss having the final say and the speed at which I could accomplish things in a smaller organization. However, there’s also a certain ease in having a boss—especially when it’s by choice. I’m still closely involved with my team, which has been beneficial for both them and me during this transition.
2. Selling your MSP is a big decision. Where did you go for guidance and advice?
I took time to pray about it and sought guidance from several trusted sources—my wife, financial advisor, tax advisor, lawyer, and fellow business owners.
3. How difficult was it to find the right buyer? What made you choose The 20 MSP in the end?
Finding the right buyer wasn’t easy, but I chose The 20 because of the strong relationship and potential for investment. As a member of The 20, I was already familiar with how they operate, so the decision to merge and scale made perfect sense.
4. What’s changed the most in your life since selling your MSP?
Instead of carrying the entire burden of running the company on my own, I now have a capable team to share the responsibilities. This shift has not only lightened my workload but has also allowed me to focus on areas where I can add the most value. Having the support of a strong team has brought a sense of balance, and as a result, I feel significantly less stress overall. It’s been a positive change for both the business and my personal well-being.
5. Since selling your MSP, is there something – inside or outside of work – that you’ve been able to focus on more?
Although I’m still quite busy, I’ve been able to carve out more time to focus on both my physical and mental well-being.
6. What do you miss most about running your own business?
I miss the independence and ability to make big decisions quickly.
7. What’s your best advice for someone thinking about selling their MSP?
Ensure you’re emotionally prepared to let go of the business you’ve built. Take the time to carefully weigh the risks and rewards of selling. Personally, I had clear retirement goals, which I was on track to achieve if everything went smoothly. However, by selling and merging with The 20, I was able to reduce risk while still meeting those retirement goals.
8. Can you talk about your current role? How has your day-to-day changed since selling your company?
My day-to-day responsibilities haven’t changed significantly—I’m still managing the same team. However, the number of clients we support has grown. When I was running my own business, I lacked the human resources needed to fully manage all aspects. Now, I have a dedicated team to handle financials, billing, client relationships, and technical support. This has enabled my team and me to manage a much larger client base effectively.
9. In your opinion, what’s the most important quality for success?
Hope alone is not a viable business strategy; true success is built on hard work and tenacity.
10. What’s something most people don’t know about you?
I am a functional introvert.
11. Describe your dream vacation in 3 words…
Relaxation, Sun, Fishing
Ready to explore more about M&A? Visit our M&A tips page for valuable insights and guidance on other acquisitions like Adam!
Celebrating The 20 MSP as Datto’s Partner of the Year! ????
We’re overjoyed to share that The 20 MSP has been named Partner of the Year at this year’s Golden Datto Awards! Presented at DattoCon 2024, this honor highlights our dedication to innovation, resilience, and excellence – values we proudly share with the incredible Kaseya/Datto community.
The Golden Datto Awards are all about recognizing MSPs who are shaping the future of IT, and we’re truly humbled to be part of this remarkable group. As Datto shared, each award recipient represents “what’s possible through dedication, expertise, and a commitment to success.” For The 20 MSP, this recognition is a testament to the hard work of our team, our collaboration with Datto and Kaseya, and our shared drive to create meaningful impact in the managed services industry.
We’re grateful to Datto for this incredible honor, and we extend our congratulations to the fellow finalists Meriplex, GOCLOUD Inc., VC3, and Logically. Each company exemplifies excellence and dedication, and we’re inspired to stand alongside these leaders in our industry.
A special thank you goes to our members, clients, and partners for being part of this journey with us. Your trust and support drive us to keep setting new standards in MSP excellence, and we’re thrilled to have such a strong foundation to keep building on. We’re excited to continue growing, innovating, and delivering best-in-class solutions that empower our clients to thrive in today’s digital landscape.
Here’s to The 20 MSP, the entire Datto community, and everyone committed to advancing the IT industry. Together, we’re building a stronger future, setting new standards, and reaching new heights in managed services – and we couldn’t be more excited for what’s to come!
Next-Level Growth
How George Burke Doubled His MSP Business with The 20
It started at an IT Nation event. George Burke was one of many MSP owners in attendance. His MSP, The Computing Edge, was doing okay at the time – but George wanted more.
His “a-ha” moment came during a meeting about peer groups. George realized his MSP growth strategy was missing something crucial: a structured accountability group to keep him on the right track.
So he got to work researching different organizations, and was impressed right away by The 20, with its focus on process and commitment to collaboration. George wanted in, but one concern was giving him pause…
From Doubt to Action
Becoming a member of The 20 would mean making significant changes to The Computing Edge’s core business model and operations. With 1000+ endpoints to manage, adopting a whole new approach wouldn’t be easy. But would it be worth it? George looked at what the MSPs in The 20 were accomplishing, and his heart and mind told him the same thing: Go for it!.
Putting his reservations on hold, George moved forward with onboarding. Working closely with The 20’s expert and always-friendly team, George ensured that both his clients and employees experienced a smooth transition. It also didn’t hurt that The 20’s built-out RMM and PSA tools – including light set-up pieces, scripts, and ready-to-use documentation – greatly reduced the learning curve and set up George and his team for a seamless integration.
From Action to Results
Once fully on board, George’s doubts started giving way to results. First, he discovered the true power of marketing. He’d known for some time that his MSP under-utilized marketing, but working with The 20’s world-class team of marketing experts opened his eyes to a whole new avenue for growth.
Second, he made a series of long overdue changes to his business model, some of which were directly inspired by conversations with fellow members; he fixed his pricing to more accurately reflect the true value of his services, he replaced verbal agreements with formal contracts, and he began to leverage Hardware as a Service (HaaS) to drive a 40% revenue increase in just one year. Naturally, George was thrilled:
“We have been providing managed services for well over twenty years now, but joining The 20 has helped us grow in ways we never thought possible.” – George Burke
Finally, George traded in his tech-focused perspective for a strategic business mindset. Inspired by the example of other members and The 20’s leadership team, he went ‘all in’ on his MSP’s growth, even when that meant leaving his comfort zone or changing his established routines. The results?
Working with The 20 helped George grow his MSP’s annual revenue from $1.4 million to $2.7 million in just 1.5 years, effectively doubling his business.
After selling The Computing Edge to The 20 in April of 2023, George is now thriving in his new role as VP of Regional Sales. Looking back on his journey, he’s grateful he found the courage to make big those big operational changes. Turns out they were worth it – and then some!
Grow Your MSP with The 20!
Questions about growing your MSP? Let’s Talk!
3 Takeaways from DattoCon 2024
DattoCon 2024 was fantastic. The 3-day event, which took place last week at the lovely Fontainebleau Hotel in Miami Beach, Florida, brought in a record number of attendees. It was the perfect example of what happens when you get a bunch of smart and driven people in the same room to tackle common challenges and share their best ideas – pure magic!
If you’re not already attending shows like DattoCon – at least one or two a year – you’re missing out. Your MSP is missing out. Beyond the content itself, there’s something unbelievably motivating about being around other MSPs. If you’re on the fence about attending a reputable industry event, go for it – and thank us later.
But if you missed out this time round, all is not lost. We’ve got you covered with 3 Key Takeaways – insights too good not to share with the MSP community at large. Enjoy!
Takeaway #1 – There’s still plenty of room for smaller MSPs.
Industry giant and CEO of Kaseya, Fred Voccola, took the stage at DattoCon and delivered an eye-opening presentation on what’s been happening in our industry – as well as things to come. Fred covered a lot of ground, and we’ll just zoom in on one key insight here:
There’s still room (and opportunity) for smaller MSPs – and lots of it!
MSPs worth $1M or less – even less than $500k – are in a position to thrive in the coming years. Of course it will require the right strategy, but the conditions are right, and the opportunities are there.
Consider this: there are, as Fred reported, a lot more MSPs getting started than getting acquired – more than 3x more to be exact. In short, yes, the MSP industry is consolidating – just not nearly as quickly as it’s proliferating. There are multiple reasons why this is so…
First, businesses’ IT needs continue to grow in number and complexity. What were formerly aspects of IT (e.g., compliance, backup, security) are now their own distinct categories, requiring specialized services and focused attention. As a result, most (73%) of the new MSPs on the block are “specialized,” offering expertise and support in one or two key areas.
Second, MSPs are facing a huge and growing TAM, or “Total Addressable Market,” which refers to all the revenue they could generate by serving every potential customer. Simply put, companies need MSP services – and more than ever – meaning there’s plenty of business to go around.
Finally, as Fred shared in his presentation, “small-cap M&A” (EBIDTA < $750k) is exploding, on track to nearly double last year’s number of deals. Smaller MSPs can be attractive acquisition targets, especially for companies seeking to add key expertise or access new markets quickly.
Bottom line: There’s still plenty of room for smaller MSPs, despite what consolidation and the rise of MSP platforms might have you thinking – but success will require playing your cards right, a sound M&A strategy, and a well-defined market niche.
Takeaway #2 – MSP growth is personal growth.
During his talk at DattoCon last week, The 20’s own Tim Conkle (founder & CEO) passed out little mirrors to the MSPs in attendance. He told them: If you want to see the solution to your MSP’s biggest challenges, open your mirror and take a good, hard look.
Tim didn’t mince words, and that’s because he’s speaking from experience. Tim spent almost two decades struggling to grow his MSP business. During that time, his entire focus was on changing his business – tweaking tools and processes till the cows came home. But it wasn’t until he did something far more radical that things took off: change himself.
To get more concrete, Tim changed how he conceptualized his role as leader of his MSP business. He replaced a my-way-or-the-highway mentality with a we’re-stronger-together philosophy. He kicked ego to the curb and began delegating, trusting, and connecting. He started spending less time perfecting his stack, and more time on sales and marketing.
The result? Tim’s MSP took off. His reminder to MSPs last week was a hard truth most business owners need to hear: if you want to take your MSP from surviving to thriving – from good to great – you will likely have to start with the person in the mirror.
Takeaway #3 – This industry is on the brink of something big.
After attending DattoCon – after 3 days of hearing from some of the channel’s best and brightest – we’re more convinced than ever:
This industry is on the brink of something big – a major leap forward in the way IT support is done, the likes of which we haven’t seen since the move away from break/fix two decades ago.
We’re not just talking about consolidation either. We’re talking about concerted efforts to solve the ‘profitability problem’ that’s been hampering MSPs for decades. We’re talking about radical progress in how we integrate AI and automation into our core business processes. We’re talking revolutionizing service delivery to allow for unprecedented
scalability.
MSPs are evolving – and so are the skills required to run a successful MSP. Don’t get left behind. Schedule your call with The 20 to discuss your MSP’s future.