Strategic acquisition elevates Netrio’s financial services skillset and broadens MSP service capabilities with the AgioNow platform
Netrio today announced the acquisition of Agio, a New York City-based managed IT and cybersecurity provider specializing in the financial services sector. This strategic acquisition marks another milestone in Netrio’s journey to become the top managed service provider (MSP) focused exclusively on the IT needs of small and mid-market enterprises.
The acquisition expands Netrio’s expertise and resources in cybersecurity and the financial services industry, while also extending its presence in the Northeast. Additionally, Netrio will be able to leverage AgioNow, the company’s proprietary Gen AI-powered IT delivery platform, which will enhance Netrio’s national customer support capabilities and end user experience.
“The addition of Agio represents an important next step in our goal to transform how small and mid-market enterprises leverage technology and enable their businesses,” said Mark Clayman, CEO of Netrio. “Agio’s deep expertise in financial services and advanced cybersecurity capabilities complement our existing services. Together, we’ll deliver comprehensive solutions that drive innovation, efficiency, and growth for our customers, while reducing cost and risk.”
Customers of both companies will benefit from an expanded portfolio of services, skill sets and resources, while employees will have access to new opportunities for skills development and career growth.
“From the start, our focus has been twofold… provide unparalleled protection to our customers as a managed IT and cybersecurity provider and develop a market-leading delivery platform leveraging AI to offer a unique end-user experience,” said Bart McDonough, CEO and founder of Agio. “Joining Netrio will allow us to continue that vision on an even larger scale.”
Piper Sandler served as financial advisor to Agio.
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