Netrio Expands National Footprint, Cybersecurity and Gen AI Capabilities with the Acquisition of Agio
Strategic acquisition elevates Netrio's financial services skillset and broadens MSP service capabilities with the AgioNow platform
MCKINNEY, Texas, May 21, 2025 /PRNewswire/ -- 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.
About Netrio
Netrio is a full-service IT managed service provider (MSP) changing the way small- to mid-market enterprises think about technology's role in driving innovation, efficiency, and growth. We provide our clients with the skills, experience, tools, infrastructure and best practices to cost-effectively modernize their operations, capitalize on opportunity and thrive in today's digital marketplace, while reducing costs and improving operational efficiencies from their technology investments. Our end-to-end portfolio of services includes managed IT infrastructure, cybersecurity, cloud, connectivity and voice, and custom application development. With offices in New York, Texas and Minnesota, Netrio supports more than 1,000 customers and maintains 250 employees across the U.S.
About Agio
Agio is a managed IT and cybersecurity provider serving financial services. The firm blends deep industry expertise with AI-powered service delivery to transform reactive support into proactive prevention. The result is a consistent, quality client experience rooted in frictionless technology and robust security. For more information, visit www.agio.com.
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SOURCE Netrio