Nexus IT, a Managed Services and Cybersecurity provider, in partnership with Diatonic Healthcare, announced a $60 million capital commitment from Metropolitan Partners Group.
How the funding will be used: The investment will accelerate Nexus IT’s nationwide growth strategy, advancing its acquisition of culturally aligned managed service providers (MSPs) that share its vision of exceptional client service and operational excellence, specifically in highly regulated industries such as healthcare, finance, and legal.
Nexus IT will use the funding to continue acquiring and integrating MSPs that exemplify strong client and employee relationships, industry expertise, and a commitment to service excellence. With several deals already in the pipeline, the company anticipates a significant expansion of its U.S. footprint over the next three years.
This capital commitment marks a significant milestone in Nexus IT’s journey to develop a next-generation M&A platform—one that distinguishes itself from conventional investor rollups. Rather than pursuing scale at all costs, Nexus IT is expanding through a founder-led and mission-aligned approach focused on long-term value creation, cultural fit, and client-centric innovation.
KEY QUOTES:
“The capital from Metropolitan Partners Group enables us to grow with intention — not just faster, but better. We’re not chasing volume. We’re building a platform rooted in shared values, leadership continuity, and a belief in our Mission that the IT experience should be as exceptional as the technology itself.”
“Together, we’re creating a new model for sustainable growth in the IT services industry—one where people, performance, and purpose drive every decision.”
Earl Foote, Founder and CEO of Nexus IT
“We are excited to partner with Earl and his team at Nexus to grow a market leading MSP. Nexus has created a scalable platform for multiple acquisitions, and we are impressed with the company’s focus on purposeful growth and track record of success. It is exactly the type of founder owned and operated business that Metropolitan seeks to fund.”
Richard Lin, Managing Director at Metropolitan Partners Group
