Case Study: Evolve MSP achieves faster growth and improved cash flow with ConnectWise IT Nation Evolve

Evolve MSP grows revenue from $2M to $6.3M with ConnectWise

Evolve, an anonymous managed service provider based in New Zealand, faced significant business challenges including cash flow issues, operational immaturity, and growth stagnation. They sought a like-minded peer group and expert guidance to overcome these hurdles, turning to ConnectWise and its IT Nation Evolve program for support.

ConnectWise provided the solution through IT Nation Evolve, which offers structured peer groups, continuous learning, and a global community for MSPs. By implementing this framework, Evolve dramatically improved its operations, reducing debtor days from 45 to 11 and shifting to advance payments. In under five years, revenue grew from $2 million to $6.3 million with $1 million in net profit, achieving an 8X multiplier and making the business an attractive acquisition target.

Evolve MSP