Alfar Capital and Walter Capital Partners are pleased to announce that MSP Operational Corp. (“MSP Corp.”) has successfully completed the acquisition of MS Solutions Equipement Inc. (“MS Solutions”), a leading IT MSP firm in Quebec. This strategic partnership strengthens MSP Corp.’s position as a leading MSP firm in Canada, enhancing its ability to deliver comprehensive IT solutions nationwide.
We are looking forward to leveraging MS Solutions’ know-how and unique service offerings to complement MSP Corp.’s existing service portfolio, while also creating new opportunities for cross-selling and complementing the group’s geographic coverage in key markets. Maxime Dion, President of MS Solutions, will remain with the company, bringing over 19 years of experience in scaling, managing, acquiring, and integrating IT service providers. His knowledge and leadership will play a crucial role as MSP Corp. continues to expand its footprint and service offerings across Canada. MS Solutions has demonstrated a proven track record of success, having executed and fully integrated 14 strategic acquisitions since 2006, driving sustained growth and operational excellence.
“We are excited to welcome MS Solutions into the MSP Corp. family. MS Solutions has built a solid reputation for delivering high-quality IT services and exceptional customer support. This acquisition aligns perfectly with our growth plan by integrating MS Solutions’ unique expertise, allowing us to diversify our service offerings and better meet the evolving needs of our clients. By strengthening our local presence in the province of Quebec, we are solidifying our regional position and advancing our consolidation strategy in the Canadian market.” said Habib Malik, CEO of MSP Corp.
With a pan-Canadian presence, MSP Corp. will have over 450 IT experts dedicated to enhancing client service.
Desjardins provided financing for the transaction, while Fasken Martineau DuMoulin LLP acted as legal counsel for the purchasers and GB2C as financial advisors to the sellers.
About MS Solutions
MS Solutions is a leading IT managed services provider dedicated to serving small-to-medium size businesses with a wide array of services, including cybersecurity, IT support, Bill 25 compliance, digital infrastructure, and hardware and software resale. With a proven track record of sustained profitability, successful M&A integration, and an experienced management team, MS Solutions is well-equipped to harness future growth. mssolutions.ca
About MSP Corp.
MSP Corp. is a pan-Canadian managed services provider specializing in cloud computing, cybersecurity, and IT support services. With a strong emphasis on customer satisfaction, MSP Corp. offers tailored solutions to help businesses stay ahead in the rapidly evolving digital landscape. mspcorp.ca
About Alfar Capital
Alfar Capital is a private equity fund for entrepreneurs that uses a diverse playbook to achieve superior returns. The company’s team of proven entrepreneurs with a long-standing track record of successful partnerships understands the challenges that business owners face and can help them strive to greater heights. alfarcap.com
About Walter Capital Partners
Walter Capital Partners is a private equity firm part of the Walter Group. Its investment model combines capital inflow and operating expertise to support the growth of promising companies on solid and sustainable foundations, by drawing on the entrepreneurial background of the Walter Group and the extensive business leadership experience of its managing partners. Headquartered in Montreal, Walter Capital provides a solid international network. waltercapital.ca
For more information, please contact:
Alfar Capital, Fares Kabbani
Walter Capital, Éric Phaneuf