Global MSP Report

The Global MSP Report presents a comprehensive analysis of the managed services provider (MSP) market, focusing on transaction activity, valuation trends, and strategic consolidation across the United States and Europe. The report documents a sharp increase in private‑placement activity during Q4 2024, with deal value rising from $34 million in Q3 to $2.2 billion, driven largely by platform deals and a 83% share of total activity involving strategic buyers acquiring multiple MSPs. Strategic consolidation remains robust, with six of the top ten players each adding at least four MSPs between 2023 and 2024, while financial investors continue to focus on single‑company investments.

Market valuation data indicate that the global MSP sector reached $305 billion in 2024 and is projected to grow at a CAGR of 7.2% to $571 billion by 2033, reflecting escalating IT complexity and demand for cost‑efficient services. Deal concentration is highest in IT services (88% of Q4 2024 activity), with software, networking, and communications sectors contributing smaller shares. The report lists 58 announced M&A deals in Q4 2024, with a total of 500 transactions completed since 2013 by the reporting firm.

Key outcomes highlighted include rapid deployment of new technology, cost efficiency gains, and enhanced service capabilities. The analysis draws on Pitchbook and Drake Star data, covering 2023‑2024 transactions across North America, Europe, and the Middle East, and provides detailed transaction tables for individual deals, including revenue, deal size, and acquirer information.