LENORA — Nex-Tech has been named as one of the world’s top-performing managed service providers (MSPs) in the prestigious 2025 Channel Partners MSP 501 rankings. The annual Channel Partners MSP 501 list, a technology industry benchmark, ranks companies based on a wide range of metrics including above industry average revenue growth, recurring revenue, high-margin services and innovation including monetizing AI services.
For the past 18 years, managed service providers around the globe have submitted applications for inclusion on this prestigious and definitive listing. It is a milestone achievement for any managed services organization to be included on the list. The Channel Partners MSP 501 survey uses a quantitative methodology to rank companies based on their annual revenue, profitability measured by EBITDA, and recurring revenue.
“The MSP 501 is more than a ranking – it’s a reflection of the innovation, operational excellence, and customer-first mindset that drives the world’s top managed service providers forward. Earning a place on this list signals to customers, partners, and the broader tech community that these MSPs are setting the pace for the industry and defining what success looks like in today’s complex technology landscape,” said Robert DeMarzo Sr., director of Informa Channels events and digital content.
MSPs that qualify for the list must also pass a rigorous review conducted by the Channel Partners research team and editors. Channel Partners ranks applicants using a unique methodology that weighs financial performance according to long-term health and viability, commitment to recurring revenue and operational efficiency.
“The MSP 501 is the channel industry’s unofficial GPS. Customers use it to navigate the over 300K MSP ecosystem, and vendors use it to find the right partners for their GTM strategy,” said Devan Adams, principal analyst at Canalys (now part of Omdia). “Being an MSP 501er puts your business on the map while steering new opportunities to you.”
“Being named to the 2025 Channel Partners MSP 501 list means a lot to Nex-Tech. We have ranked among the top 501 providers every year since 2019, which speaks volumes about the folks behind our MSP services. This award is a testament to their hard work and dedication,” says Jimmy Todd, CEO and general manager of Nex-Tech. “At Nex-Tech, the team serves our customers with innovative, high-quality managed services that meet the evolving needs of our customers. Being included in this list reinforces our commitment to excellence and our mission to provide exceptional technology solutions. We look forward to continuing to set the standard in the managed services industry.”
Winners will be recognized on the Channel Partners and Channel Futures websites and honored during a special ceremony at MSP Summit, Sept 15-17, in Orlando, Fla.
The MSP 501 represents the best in the technology services industry delivering outstanding vendor and platform neutral advice and value to small, midsized and enterprise customers. This year, the average revenue per MSP 501 is $29.4 million with an average recurring revenue of $16 million. These are truly the best of the best. Many of their services and technology offerings focus on customer needs in the areas of AI, cloud, security, collaboration, networking, help desk and remote monitoring and management. The Channel Partners MSP 501 is responsible for keeping their global customers safe, connected and efficient.
