Wednesday, December 09, 2009

MSP Services Network (MSPSN) To Be Acquired

One of my good friends has some GREAT news to announce. Amy Luby of the MSP Services Network announced today that MSPSN is being acquired by High Street Technology Ventures. Amy has been a true evangelist for the Managed Services movement. In addition, she has created a program of success for her partners, and is responsible for some of the most innovative content available to MSP's and SMB Consultants today.

In fact, the acquisition announcement was made today from the Comptia conference in Washington, DC where MSPSN's content is the focus of the day. This is quite fitting.

If the last four years are any indication, we can expect even more amazing things from Amy and MSPSN in the future. Stay tuned.

Special SMB Conference Call Today - 4 PM Pacific
Please register for a Special SMB Conference Call - Wednesday December 9th at 4:00 PM Pacific / 7:00 PM Eastern.

Register Here: https://www1.gotomeeting.com/register/574776657.

We'll talk to Amy and discuss what this change means for MSPSN, the broader MSP community, and for the overall climate as we move into 2010.

I personally congratulated Amy yesterday. Today we begin the analysis of what this means for the broader community. Join us today at 4:00 PM Pacific.

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Word of this announcement came to me via Brian Sherman of Tech Success Communications and forerly a partner advocate at Autotask. You can ping Brian at Bsherman@techsuccesscommunications.com.

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Here's the official announcement from Tech Success Communications:

MSP Services Network (MSPSN) To Be Acquired

Management changes and enhanced managed services offerings to result from purchase

Washington, DC - December 9, 2009 - MSP Services Network (MSPSN), the industry's leading provider of managed service support infrastructure, announced today at the CompTIA MSP Business Simulation Experience in Washington D.C. that it has signed a letter of intent to be acquired by High Street Technology Ventures. Under terms of the agreement, Gerard Kane will assume the role of CEO and Amy Luby, founder of MSPSN will be appointed to the board of directors when the transaction is completed. In her new strategic role, Luby will be responsible for shaping the future direction of the organization, while Kane will take an active role in the day to day activities of MSPSN.

MSPSN will continue to operate as a separate entity, with plans to increase the number of services it delivers to the existing base of partners as well as continue a rapid expansion of the network. "MSPSN has demonstrated the vision necessary to establish itself as a leader in the industry and I look forward to enhancing that position in the marketplace", commented Kane. "I'm excited for the timing of High Street's involvement," added Luby. "Solution providers are building their capacity for managed services delivery in their existing business, and these moves will allow MSPSN to evolve a new generation of services for this vibrant community."

MSPSN will continue to partner with a variety of managed services vendors to enhance the technology options available for members, including pre-configured solutions and best practices templates. According to Sheldon Waters, CEO of it Control Solutions, Inc. "We are very excited by the additional resources and expertise that Gerard and his team will bring to MSPSN, which Amy has already established as a premiere resource for the managed services community. "

Increasing the number of MSPSN managed services providers is another goal after the transaction is concluded, and the expanding network will result in new technical and business support options for the community. Partner Vince Tinnirello, President of Anchor Network Solutions, Inc. added "This agreement is very encouraging to us, representing a continuation and enhancement of the tools and processes that enable us to deliver top quality services to our customers."

The transaction is expected to close in early 2010. For more information, visit www.mspsn.com.

About MSPSN
MSPSN (http://www.mspsn.com/), founded in 2007 by Amy Luby, is dedicated to providing a system that allows the Managed Services Provider (MSP) Community to communicate and collaborate with each other for the purpose of growing stronger. MSPSN offers training and guidance for mastering the MSP business model, as well as the tools to manage and build their businesses. They host a Global Community to SMB focused MSPs who collaborate with each other for support. MSPSN is dedicated to providing the Operational Support Services that MSPs need to grow their business and offer the best solutions for their clients. MSPSN exists solely to assist the MSP Community and is committed to providing an infrastructure that will help build thriving businesses.

About High Street Technology Ventures
High Street Technology Ventures (http://www.hstvp.com/) is focused on assisting and developing technology based companies by providing the necessary ingredients of expertise, investment and long term advisory services. Our team is comprised of seasoned entrepreneurs from leading technology companies who offer deep domain expertise coupled with hand-on operational experience to those companies we engage. Our overall goal is to increase the value of our partners, our investments and our team by connecting all stakeholders in beneficial and symbiotic relationships.

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