InSource acquired Beck Strategies, a security operations (SecOps) and integrated risk management consulting firm. Both companies are MSP and ServiceNow Elite Partners. The financial terms of the deal were not disclosed.
This is the technology M&A deal number 349 covered by ChannelE2E so far in 2022.
InSource acquired Beck Strategy: ServiceNow Partner Backgrounds
InSource, founded in 2000, is based in Wayne, Pennsylvania. The company has 121 employees listed on LinkedIn. In addition to ServiceNow knowledge and staff resources, InSource has expertise in Snowflake’s data management and Okta’s identity management markets. Also, InSource has its own software – called StandardizedPro – for visibility and asset management.
Beck Strategies, founded in 2018, is based in Tampa, Florida. The company has 30 employees listed on LinkedIn. In addition to consulting expertise, Beck developed Easy Map-which allows system administrators to define business rules, access control lists, client scripts, UI Actions, and UI policy associated with a form or specific field.
In a prepared statement about the deal, InSource CEO Mark Lafond said:
“What we see from our clients is an expanding need within the ServiceNow ecosystem where one can deliver one of the many workflow requirements across the organization. We feel that BECK Strategies leads two of the fastest growing segments in the ServiceNow platform Security Operations and Integrated Risk Management. BECK Strategies has experience providing Managed Services to clients and we see this as an area of growth for both ServiceNow licensing and sales execution. This level of expertise and experience will be the key drivers in our double-digit growth plan for this year and beyond. ”
Beck Strategies CEO Mark Ceely added:
“For our clients, this acquisition allows us to show them additional business expertise in business and asset management, as well as advisory and support services. Also, the mutual-first and customer-centric cultures of InSource and BECK Strategies are fully compatible with each other which should provide great benefits to our employees and customers. “
ServiceNow Partner M&A at Knowledge Live 2022 Conference Information
Meanwhile, M&A activity in the ServiceNow partner ecosystem remains stable and strong. Sample deals so far in 2022 include:
It’s a safe bet that more M&A deals will emerge after MSPs and IT consulting firms meet and compare notes at the ServiceNow Knowledge Live 2022 conferences-scheduled for different dates and locations. in May 2022.