Metropolitan Partners Group Invests $60M in Nexus IT to Fuel MSP/MSSP Rollup

June 10, 2025

Metropolitan Partners Group committed $60 million to Nexus IT, a Salt Lake City–based managed services and cybersecurity provider, in partnership with Diatonic Healthcare. The capital will be used to accelerate Nexus IT’s nationwide expansion via founder-led, values-aligned acquisitions of culturally compatible MSPs and MSSPs, particularly in regulated industries like healthcare, finance, and legal.

Buyers
Metropolitan Partners Group, Diatonic Healthcare
Targets
Nexus IT
Industry
IT Services
Location
Utah, United States
Transaction Type
Growth capital

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