Blue Alliance Raises Strategic Investment From Prairie Capital

By Amit Chowdhry • Feb 15, 2024

Blue Alliance (a fast-growing, operator-led MSP collective) announced that it had completed a growth recapitalization transaction with Prairie Capital, a proven firm in scaling companies across various industries. And Prairie Capital’s investment will enable Blue Alliance to accelerate its growth strategy and offer more MSP owners an alternative to the standard agreement and the opportunity to be part of a strong, supportive community focused on scaling and shared success. Blue Alliance will continue operating independently within the Prairie portfolio.

Blue Alliance is the fourth company founded by Nick Recker, and it was inspired by his experience and passion running the Cincinnati-based MSP, Path Forward IT, a company he launched in 2002 specializing in providing concierge IT services to healthcare practices. And the global interruption to business in 2020 exposed vulnerabilities, especially for founder-business owners.

Today, Blue Alliance is redefining the MSP landscape by translating the founders’ experiences as MSP owners into a collaborative ecosystem where elite MSPs can thrive and grow, but it’s an increasingly crowded market.

KEY QUOTES:

“Freedom drives entrepreneurs like me. We designed the Blue Alliance model to offer MSPs owners continued freedom throughout our partnership, and Prairie’s business model resembles ours in that way.”

“We hand-selected Prairie as our investment partner because the two companies share many of the same philosophies for growing businesses.”

“What we’ve built at Blue Alliance is different from the other MSP platforms. For us, it’s personal. We’ve been where they are, we speak their language. With Prairie on our team, we’ll be able to move faster, offering freedom to more MSP owners.”

  • Nick Recker, founding partner and CEO of Blue Alliance

“Consolidation is flooding the MSP industry. Regardless of whether it’s called a roll-up or a platform, most consolidations are transaction-based. Blue Alliance stands out for its empathetic approach and deeper integration model, making it a compelling alternative to traditional acquisition platforms.” 

  • Patrick Jensen, Partner, Prairie Capital

“Our mission is to champion the independent MSP. We set out to create an option for MSP owners like us who were ready to partner and take their business to the next level but hesitate because they don’t want the company they built to be dismantled, to lose its soul. Our approach is about collaboration, not control. We know the collective is only as strong as the sum of its parts. That’s why our mission is to amplify all the good things about a member MSP company, not change them.”

  • Shaun Sexton, founding partner of Blue Alliance