Niobrara Capital Acquires MSP Corp, a Leading Canadian Managed IT Services Platform

Acquisition to Drive Expansion of an Established Platform Across Fragmented North American Market

NEW YORK--(BUSINESS WIRE)--Niobrara Capital ("Niobrara"), a U.S.-based private equity firm focused on middle-market B2B technology and technology-enabled services companies, today announced the acquisition of MSP Corp (“MSP”), a scaled Canadian managed IT services provider that remotely manages the IT infrastructure, cybersecurity and cloud environments of small and midsize business clients. Financial terms were not disclosed.

Founded in 1993, MSP is a founder-led Canadian technology partner that has built a full-service platform supporting businesses in need of outsourced technology management. MSP delivers an end-to-end IT value proposition, spanning managed IT monitoring and support, managed cybersecurity (MSSP), multi-cloud management, backup and disaster recovery and emerging data compliance and AI, on recurring contracts that combine enterprise-grade sophistication with local responsiveness and national scale.

“MSP has built a scaled national platform with impressive customer retention and a proven acquisition track record – giving it an established foundation to accelerate growth,” said Otavio Birman, Managing Director at Niobrara Capital. “The Canadian managed IT services market remains fragmented, and AI adoption is creating new demand and expanding the scope of what providers can deliver. MSP has demonstrated its ability to integrate acquisitions and build a cohesive national business, and Canada offers a compelling entry point into the North American managed services market.”

Niobrara invests in technologies that are transforming how businesses operate, with a focus on middle-market B2B companies that hold strong market positions, generate recurring revenue and sit at the intersection of structural technology megatrends. The firm’s leadership team brings nearly three decades of experience in technology investing, proprietary deal sourcing and value creation in partnership with management teams. The acquisition of MSP reflects this strategy, with plans to deepen its footprint in Canada while pursuing new growth channels that extend that platform into the U.S.

“From the beginning, our vision for MSP Corp has been to build a digital and business transformation powerhouse where technology is more than a productivity tool—it is a catalyst for our clients’ success. We have always believed that the best outcomes are created when great people, technology and clients come together to solve real-world business challenges,” said Habib Mlik, Chief Executive Officer of MSP Corp. “I am incredibly proud of what our team has built and, as we look ahead, I am excited to work alongside Niobrara to take MSP Corp to new heights. Together, we will build on the strong foundation we have created, accelerate our vision, expand the opportunities available to our employees, and strengthen our ability to help our clients become the very best at what they do.”

About Niobrara Capital

Niobrara Capital is a U.S.-based private equity firm focused on middle-market technology investments. With decades of combined experience leading and scaling global technology businesses, Niobrara partners with business-to-business technology and technology-enabled services companies to deliver strategic leadership, growth acceleration, and operational excellence. For more information, visit niobraracap.com.

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. For more information, visit www.mspcorp.ca.