NG2 IT Services
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NG2 IT Services - overview
Established
1996
Location
Minneapolis, MN, US
Primary Industry
Outsourcing
About
Based in Minnesota, US, and founded in 1996 as Network Guidance by its CEO, Dan Grady, NG2 IT Services is an MSP (Managed Service Provider) that offers outsourced IT services. In 2007, the company rebranded as NG2, also known as Network Guidance 2. 0. In January 2021, NG2 IT Services was acquired by Logically, Inc.
As an MSP, NG2 IT Services offers various outsourced IT solutions to small and mid-size businesses. These solutions include IT infrastructure operations, 24/7 remote service desk coverage and on-site desk-side resources, Azure and Microsoft 365 cloud offerings, IT security services, and mobility services. The company generates revenue by providing end-user IT service desk, cloud solutions, help desk, infrastructure management, backup, and security services to its clients. Following the acquisition by Logically, Inc.
in January 2021, NG2 IT Services plans to merge its services with Logically and eventually make new services, features, and capabilities available to its clients.
Current Investors
Logically, Inc.
Primary Industry
Outsourcing
Sub Industries
Offshore IT Services/IT Outsourcing, IT Infrastructure, IT Security/Cybersecurity
Website
www.ng2.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
NG2 IT Services - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | NG2 IT Services | - |
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