CompassMSP buys SecureNet to open a West Coast front
What's the deal? CompassMSPDealroom has a profile for this one. Try Dealroom →, a managed IT and cybersecurity provider, has acquired SecureNet SolutionsDealroom has a profile for this one. Try Dealroom →, a Sherman Oaks, California-based technology services firm. Terms were not disclosed. The deal expands CompassMSP's West Coast footprint and its work in real estate, healthcare, and professional services.
What each side brings: Founded in 2002 by Greg Patatian, SecureNet provides managed IT services across California and the wider western US, with a practice serving real estate, healthcare, accounting, and law firms. CompassMSP adds that regional base to its national platform.
What changes for customers? SecureNet clients gain access to national cybersecurity resources, including round-the-clock security operations centre monitoring, virtual chief information security officer advisory services, and compliance support for frameworks such as HIPAA, SOC 2, and NIST standards.
Why buy rather than build? CompassMSP is entering the West Coast through an established local provider instead of building client relationships from scratch. Patatian stays on to oversee continuity.
"What Greg Patatian has built is exactly the kind of practice we look for," said Jivan Achreja, executive chairman of CompassMSP. "This is a team that has earned real trust with its clients by understanding their business, not just their technology."
What's the endgame? The purchase extends CompassMSP's roll-up strategy. After merging with BlackPoint IT in 2025, it bought New Jersey-based SimplegridDealroom has a profile for this one. Try Dealroom →, adding regulated-industry expertise; SecureNet now adds a western foothold.
The signal: The deal rides a sharp pickup in managed-services consolidation. OmdiaDealroom has a profile for this one. Try Dealroom → data reported by Channel Dive show 64 global MSP acquisitions in Q1 2026, up 73% year over year, with outside investors involved in 80% of MSP and MSSP transactions. With terms undisclosed, though, the deal's financial scale can't be assessed.
Read more: citybiz.co
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