The 20 has announced its acquisition of Collabrance LLC. This latest deal marks the Texas-based company's ninth of the year and the 35th acquisition since entering the M&A arena in late 2022.

This aggressive expansion strategy is driven by a large pool of acquisition candidates, managed service providers (MSPs) that have achieved significant growth and operational maturity as members of The 20's renowned growth platform, The 20 MSP Group.

"This marks a key step in The 20's acquisition strategy," said Tim Conkle, CEO, The 20. "We cast our net a little wider to find a likeminded master MSP that will augment our growth platform, drive continuous improvement and uphold our sky-high standards for excellence in service delivery."

The acquisition of Collabrance represents the expansion of The 20's acquisition strategy.

"In this case, we cast our net a little wider to find a like-minded master MSP that will augment our growth platform, drive continuous improvement and uphold our sky-high standards for excellence in service delivery," Conkle said.

Founded 15 years ago by GreatAmerica Financial Services as a path forward for existing customers in the office technology industry, Collabrance has grown year over year, recently winning the number 18 position of the 2024 Channel Futures MSP 501: Top Managed Service Providers list.

Moving forward, Collabrance will retain its own brand, underscoring the company's strong market presence and strategic value. Moreover, The 20 has retained all Collabrance employees, upholding the company's historical commitment to minimal attrition. The 44 Collabrance team members joining The 20 bring a wealth of valuable expertise to the table, including intimate knowledge of the equipment dealer channel, network engineering capabilities, and expertise in industry tools including ConnectWise, Datto and N-able.

Collabrance leadership is confident that the transition will be seamless and expect total continuity in services. Moreover, joining The 20 promises new opportunities for growth and advancement, both for individual employees and the company as a whole.

"We're excited to see Collabrance take the successful model they've built and elevate it under the direction of The 20," said Martin Golobic, CEO, GreatAmerica, Collabrance's parent company. "We created Collabrance to provide another business opportunity for many of our existing GreatAmerica customers and have been so proud of what they've accomplished. The synergies between our and The 20's business tenets were obvious when we first met. This acquisition allows our Collabrance team to do what they do best — service customers — and allows them to do it with the same integrity and care that they have for the past 15 years."

The 20's leadership is also feeling energized and optimistic about the deal, and look forward to close collaboration with their new team members. 

"We've been fans of Collabrance and their team for some time, and there's a lot of mutual respect surrounding this deal — and a lot of excitement about the future," Conkle said. "People, process and culture are what drive success in this industry, and Collabrance has all three. This is a win for us, a win for Collabrance and, above all, a win for our collective client base, which can expect continued great service, bolstered by enhanced capabilities and The 20's around-the-clock support."