In the past decade, the managed IT services industry has quietly become one of the most active sectors in business technology. Companies of all sizes, particularly small and midsize businesses, have turned to managed service providers to handle everything from cybersecurity to cloud management. Industry research estimates the global managed services market at several hundred billion dollars, with forecasts projecting continued growth through the late 2020s. North America represents the largest regional share of that market. The shift reflects an era in which digital infrastructure has moved from an internal function to a core business dependency, creating a competitive landscape populated by both large enterprise players and fast-growing regional firms.
Among those regional firms, ITPartners+ has emerged as one that represents the broader evolution of the industry. Founded in 2019 by Kevin Damghani, the company is headquartered in Grand Rapids, Michigan. It has built its business model around providing managed and co-managed IT services to organizations across North America. By 2025, it reported operational reach in 39 U.S. states, reflecting both organic growth and a series of strategic mergers and acquisitions that expanded its service footprint.
The company’s approach is built around two service tracks. First, its fully managed IT model provides clients with end-to-end technology support, infrastructure management, and cybersecurity oversight. Second, its co-managed model allows existing in-house IT teams to partner with the firm for supplemental expertise or around-the-clock monitoring. The company’s offerings include managed networking, cloud hosting, backup and continuity planning, and cybersecurity protection, aligning with the increasing complexity of modern IT systems. In an environment where cyber threats continue to grow—data from the FBI’s Internet Crime Complaint Center recorded more than 880,000 cybercrime reports in 2023—the need for structured IT partnerships has only increased.
Under Damghani’s leadership, ITPartners+ has focused its expansion not only on geographic scale but also on maintaining its position as a founder-led organization. The company operates offices in Grand Rapids, Michigan; Mendota Heights, Minnesota; Matawan, New Jersey; Boca Raton, Florida; Elizabeth City, North Carolina; and Taguig, Metro Manila, Philippines. This distributed structure has enabled them to serve clients and partners across multiple time zones while integrating global service capabilities, particularly in cybersecurity and remote management.
The company’s early years coincided with a period of rapid consolidation across the managed services market. Many small and midsize providers sought mergers to achieve scale, streamline operations, and meet the demand for more comprehensive solutions. ITPartners+ began this process in 2023 when it merged with Netrix IT, a Minnesota-based managed service provider. The following year, it announced another merger with Trinity Worldwide Technologies, a New Jersey-based firm. In May 2025, ITPartners+ extended its reach further on the U.S. East Coast through a merger with Cloud Server Techs, a North Carolina company. These moves created a more extensive national presence and reinforced the company’s focus on regional integration rather than on aggressive market takeover.
A turning point in its growth came in June 2025, when ITPartners+ secured a 30 million U.S. dollar funding facility from Metropolitan Partners Group, a New York-based private investment firm. Reports from CRN and Yahoo Finance indicated that the financing was intended to support an expanded acquisition program aimed at bringing smaller managed service providers under the ITPartners+ umbrella. The strategy outlined a goal of completing multiple acquisitions per year, providing both capital and structural support for integration. While many MSPs have taken on private equity investments in recent years, Damghani has stated that ITPartners+ intends to maintain its founder-led culture and operational model despite the growth funding.
The company’s trajectory has drawn attention from industry publications and ranking organizations. Since 2020, ITPartners+ has been featured in the Inc. 5000 list of the United States’ fastest-growing private businesses multiple times. It first ranked in 2020 at 214 and returned in subsequent years, reaching 2,908 in 2025. The firm has also appeared on CRN’s Managed Service Provider 500 list in the Pioneer 250 category, which recognizes providers with a primary business serving small and midsize businesses. Such awards have placed it within the growing group of midsize managed service providers that bridge the gap between the boutique shops and the national enterprise-scale vendors.
Beyond its business operations, ITPartners+ has continued to be involved in community-related projects. In 2025, Damghani discussed the company’s goal to donate one million U.S. dollars each year to projects supporting education and career growth. The company has underwritten initiatives in Uganda and in the Dominican Republic, including access to technology and employability skills. While philanthropy is not new in the tech world, the frequent integration of community programming into its business is reflective of the industry’s growing focus on social responsibility.
The company’s internal structure comprises an executive council, including Chad McDonald as Chief Technology Officer, Kelly Miles as Chief People Officer, Tammy Smith as Chief Financial Officer, and Denny Bouma as Chief Operating Officer. This executive team collectively leads both strategic planning and day-to-day operations, which have guided the company through acquisition-fueled growth. Each of these executives has helped instill in the company a focus on long-term stability rather than short-term scaling.
Industry observers have noted that the managed services sector will continue to consolidate over the next five years, with smaller players being acquired by mid-tier providers such as ITPartners+.
As the managed services market expands, companies on this middle-of-the-road trajectory of growth and responsibility are well-positioned to be the defining forces behind the next generation of the IT services economy.
ITPartners+ has shown a consistent track record, evolving from a local vendor to a multi-location tech firm with partners in North America and abroad in under a decade. The continued focus on managed IT, co-managed relationships, and cybersecurity mirrors the increasing reliance of businesses on shared technology infrastructure and those firms that oversee it.
