Future Challenges and Opportunities for MSPs: A Discussion with Ramsey Sahyoun episode artwork

EPISODE · May 4, 2024 · 25 MIN

Future Challenges and Opportunities for MSPs: A Discussion with Ramsey Sahyoun

from Business of Tech: Daily 10-Minute IT Services Insights · host Dave Sobel

Evergreen's investment thesis revolves around the concept of long-term ownership and decentralized operating models, which they believe are ideal for the Managed Service Provider (MSP) space. Co-founder Ramsey Sahyoun emphasizes their goal of establishing a lasting home for businesses rather than engaging in quick turnovers. This strategy mirrors the Berkshire Hathaway model of holding businesses indefinitely, albeit on a smaller scale. The decentralized operating model enables Evergreen to run acquired MSP businesses independently while still benefiting from shared best practices and collective scale. This approach ensures that businesses maintain close relationships with customers, a critical factor for customer retention and business growth in the MSP industry. Drawing from their experience with acquiring and managing MSPs like Executech and Wolf Consulting, Evergreen has witnessed the transformation and shift to managed services, making MSPs more recurring, profitable, sticky, and rapidly growing. These characteristics align with Evergreen's investment thesis of long-term ownership and decentralized operations, making the MSP niche an attractive investment opportunity for the company. Supported by: https://www.bitdefender.com/business/products/msp-security-solutions.html http://skykick.com/mspradio/  All our Sponsors: https://businessof.tech/   💼 All Our SponsorsSupport the vendors who support the show:👉 https://businessof.tech/sponsors/ 🚀 Join Business of Tech PlusGet exclusive access to investigative reports, vendor analysis, leadership briefings, and more.👉 https://businessof.tech/plus 🎧 Subscribe to the Business of TechWant the show on your favorite podcast app or prefer the written versions of each story?📲 https://www.businessof.tech/subscribe 📰 Story Links & SourcesLooking for the links from today’s stories?Every episode script — with full source links — is posted at:🌐 https://www.businessof.tech 🎙 Want to Be a Guest?Pitch your story or appear on Business of Tech: Daily 10-Minute IT Services Insights:💬 https://www.podmatch.com/hostdetailpreview/businessoftech 🔗 Follow Business of Tech LinkedIn: https://www.linkedin.com/company/28908079YouTube: https://youtube.com/mspradioBluesky: https://bsky.app/profile/businessof.techInstagram: https://www.instagram.com/mspradioTikTok: https://www.tiktok.com/@businessoftechFacebook: https://www.facebook.com/mspradionews Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published May 4, 2024

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In this bonus episode of The Business of Tech, Ramsey Sahyoun from Evergreen shares insights on building an exit strategy for MSPs. He discusses their strategy and answers questions about selling to companies like Evergreen. Tune in to learn more about the managed services space and how Evergreen started with inspiration from Berkshire Hathaway's annual shareholders meeting in Omaha.

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Future Challenges and Opportunities for MSPs: A Discussion with Ramsey Sahyoun

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This episode was published on May 4, 2024.

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