In a move that underscores the intensifying consolidation within the managed IT services sector, Netrio has acquired Agio, a New York City-based provider specializing in cybersecurity and IT solutions for the financial services industry. This acquisition is not just another line on a press release—it represents a deliberate step in Netrio’s strategy to become the premier managed service provider (MSP) tailored to the specific demands of small and mid-market enterprises, a segment often underserved by legacy IT giants and overlooked by startups chasing larger enterprises.
Agio’s strength lies in its dual commitment: robust cybersecurity protection rooted in deep domain knowledge of financial institutions, and a pioneering approach to IT service delivery through its proprietary Gen AI-powered platform, AgioNow. This platform, which blends automation with predictive support features, will be integrated into Netrio’s national service infrastructure. The result promises to be a more proactive and intelligent support system capable of elevating the end-user experience while lowering operational costs and reducing business risks—key concerns for finance-focused SMEs navigating complex regulatory and threat landscapes.
For Netrio, the acquisition fills a critical capability gap. While it has built a reputation for responsive IT support and strategic guidance for mid-sized businesses, this move injects specialized financial sector experience and cutting-edge security infrastructure into its offerings. CEO Mark Clayman framed the deal as a foundational step toward reinventing how technology supports business agility at scale: through innovation, not just infrastructure.
Agio’s founder and CEO Bart McDonough echoed the sentiment, emphasizing that this partnership aligns with Agio’s original mission to blend high-touch managed services with AI-enhanced operations. Under Netrio, that mission now gets a wider stage and deeper capital backing. Employees from both firms stand to benefit too, with broadened career development paths and cross-disciplinary collaboration opportunities that come from merging two culturally aligned, growth-oriented companies.
As cyber threats intensify and regulatory environments become stricter, particularly in finance, this merger puts Netrio in a fortified position. It isn’t simply growing for scale’s sake; it is evolving into a sharper, more focused entity—one that can deliver smarter, more resilient IT services where the stakes are highest.
Leave a Reply