Popular on EntSun
- Female Motorsports Sponsorship & Expansion; Acquisition Agreement of UAE-Based Sports Incubator by Online Lottery & Sports Game Provider: Lottery.com - 225
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator - 206
- WOA Entertainment Group Unveils Independent No.1's: Breakthrough Artists II —A Celebration of Indie Excellence - 205
- Edtech Startup Young Commanders Launches 'Visionaries Without Sight' Collection Celebrating Blind and Visually Impaired Historical Figures - 197
- Introducing Nene Wear: The Bold, Sporty Fashion Brand by Jeanne Myrick, Powered by KLM Enterprises - 184
- Let's Talk Series: At the Crossroads: Immigration Today - 148
- IRF Builders Forum Brings Global Leaders to Washington, D.C. to Advance Religious Freedom Through Cooperative Engagement - 130
- TEDxInglewood Returns to The Miracle Theater on August 9, 2025 — Celebrating Bold Ideas and Community Energy - 129
- Manhattan Boutique Real Estate Collaborates with InterContinental Hotels NYC in a Branding Partners Personalized Approach - 121
- Token-Operated Sake Service Opens at Tobu Nikko Station - 117
Similar on EntSun
- Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- Inked & Maxim Model Teisha Mechetti Turns Heads—And Builds Community Impact
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Winners Announced for Asia Pacific Business Awards 2024-2025
Nexus IT Secures $60M Investment to Accelerate Founder-Led, Values-Driven MSP/MSSP Expansion
EntSun News/11061640
~ Nexus IT, a leading Managed Services and Cybersecurity provider, has announced a major capital commitment of $60 million from Metropolitan Partners Group in partnership with Diatonic Healthcare. This investment will support Nexus IT's growth strategy on a national level and facilitate the acquisition of culturally aligned managed service providers (MSPs) that share their vision of exceptional client service and operational excellence. The focus will be on industries such as healthcare, finance, and legal that require high levels of regulation.
This significant capital commitment marks a crucial milestone in Nexus IT's journey to establish a next-generation M&A platform that sets it apart from traditional investor rollups. Instead of solely pursuing growth at any cost, Nexus IT is taking a founder-led and mission-aligned approach to expand its operations. This approach prioritizes long-term value creation, cultural fit, and client-centric innovation.
Founder and CEO of Nexus IT, Earl Foote, expressed his excitement about the partnership with Metropolitan Partners Group stating, "The capital from Metropolitan Partners Group enables us to grow with intention – not just faster but better. We're not chasing volume; we're building a platform rooted in shared values, leadership continuity, and a belief in our mission that the IT experience should be as exceptional as the technology itself."
More on EntSun News
In addition to providing financial support, Metropolitan Partners Group brings deep operational expertise to the table. The firm's commitment to strategic alignment and values-based growth makes it an ideal partner for Nexus IT as it scales its M&A efforts while preserving the leadership integrity and cultural DNA of the companies it acquires.
Richard Lin, Managing Director at Metropolitan Partners Group also expressed his enthusiasm for this partnership saying, "We are excited to partner with Earl and his team at Nexus to grow a market-leading MSP. Nexus has created a scalable platform for multiple acquisitions, and we are impressed with the company's focus on purposeful growth and track record of success. It is exactly the type of founder-owned and operated business that Metropolitan seeks to fund."
Foote added, "Together, we're creating a new model for sustainable growth in the IT services industry – one where people, performance, and purpose drive every decision." The investment from Metropolitan Partners Group will be used by Nexus IT to continue acquiring and integrating MSPs that exemplify strong client and employee relationships, industry expertise, and a commitment to service excellence. With several deals already in the pipeline, the company anticipates a significant expansion of its U.S. footprint over the next three years.
This significant capital commitment marks a crucial milestone in Nexus IT's journey to establish a next-generation M&A platform that sets it apart from traditional investor rollups. Instead of solely pursuing growth at any cost, Nexus IT is taking a founder-led and mission-aligned approach to expand its operations. This approach prioritizes long-term value creation, cultural fit, and client-centric innovation.
Founder and CEO of Nexus IT, Earl Foote, expressed his excitement about the partnership with Metropolitan Partners Group stating, "The capital from Metropolitan Partners Group enables us to grow with intention – not just faster but better. We're not chasing volume; we're building a platform rooted in shared values, leadership continuity, and a belief in our mission that the IT experience should be as exceptional as the technology itself."
More on EntSun News
- Live Courageously Hosts Ann-Marie Murrell, Author, Journalist, Former Political Commentator
- $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
- $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
- YYNOT Brings High-Energy RUSH Tribute to the Weinberg Center this September
- Hire Virtue Announces Executive Sponsorship Opportunity for Houston Hiring Blitz & Job Fair on August 6, 2025
In addition to providing financial support, Metropolitan Partners Group brings deep operational expertise to the table. The firm's commitment to strategic alignment and values-based growth makes it an ideal partner for Nexus IT as it scales its M&A efforts while preserving the leadership integrity and cultural DNA of the companies it acquires.
Richard Lin, Managing Director at Metropolitan Partners Group also expressed his enthusiasm for this partnership saying, "We are excited to partner with Earl and his team at Nexus to grow a market-leading MSP. Nexus has created a scalable platform for multiple acquisitions, and we are impressed with the company's focus on purposeful growth and track record of success. It is exactly the type of founder-owned and operated business that Metropolitan seeks to fund."
Foote added, "Together, we're creating a new model for sustainable growth in the IT services industry – one where people, performance, and purpose drive every decision." The investment from Metropolitan Partners Group will be used by Nexus IT to continue acquiring and integrating MSPs that exemplify strong client and employee relationships, industry expertise, and a commitment to service excellence. With several deals already in the pipeline, the company anticipates a significant expansion of its U.S. footprint over the next three years.
Filed Under: Business
0 Comments
Latest on EntSun News
- AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
- The Naturist World Just Shifted — NaturismRE Ignites a Global Resurgence
- $796,000 in Q2 Revenue Marks Highest Earnings to Date on 3 Trailing Quarters of Profitability in Multi-Billion Homebuilding Sector: Stock Symbol: IVDN
- Cybersecurity is THE Hot Market Sector; Revenues, Earnings & Profit matter; Only 33 Million Shares + a Huge Short Position Equal an Undervalued Stock
- Despite Global Calls for a Ban, US Child Psychiatry Pushes Electroshock for Kids
- Franco Polished Plaster Celebrates 35 Years of Bringing Walls to Life in the UK
- India's Home Textile Manufacturers See Rising Demand From US Buyers, Enabled By rivexa
- Spartan & Guardians Partner with Guitar Legend Buckethead to Support Global Child Rescue Efforts
- Is the Entertainment Industry in Legal Tragedy: Was Nas's song The World is Yours taken literally
- Preliminary.online Introduces Short-Term Job-Readiness Courses with Employer-Verified Certifications
- Psychologist-Turned-Hermeticist Releases Modern Guide to the Seven Hermetic Principles
- Winners Announced for Asia Pacific Business Awards 2024-2025
- Hamvay-Lang and Lampone.hu Join Forces with AIMarketingugynokseg.hu to Elevate Hungarian Lifestyle Brands on the Global Stage
- Google AI Quietly Corrects the Record on Republic of Aquitaine's Legal Sovereignty
- NYC Leadership Strategist Stacie Selise Launches Groundbreaking 4S Framework Series to Redefine Executive Excellence
- Make Innovation Matter: Support H.R.1's R&D Expensing Relief for American Small Businesses
- Agreement to Supply US-Based Defense Provider with Thin-Film Solar Tech for Orbital Application; Ascent Solar Technologies, Inc. (N A S D A Q: ASTI)
- Byrd Davis Alden & Henrichson Launches Independence Day Safe Ride Initiative with 500 Free Uber Credits
- Big Butler Fair Announces 2025 Music Lineup and Grandstand Events
- 2 Funny Native Comedy Night Comes To St Croix Casino Hertel