Managed services providers (MSPs) represent a compelling investment opportunity in the current search fund landscape. The industry provides a rare combination of stable, predictable cash flow and high growth potential driven by the rapid digitalization of small and medium-sized businesses (SMBs). As businesses increasingly shift to cloud platforms and hybrid work models, they face a growing "skills gap" that makes internal IT management prohibitively complex and expensive. Th

The best acquisition opportunities often hide in plain sight: essential, regulated, and recession-resistant businesses that serve critical needs while flying under the radar of mainstream investors. Water quality testing laboratories check each of those boxes. At Heron Peak, we've dove deep into the water quality testing industry and what we've found is nothing short of exceptional: a $4.6 billion market growing at 5.6% annually, dominated not by corporate giants but instead