Unified organization will maintain and enhance financial services and healthcare-specific vertical expertise, while accelerating growth and value through disciplined integration and expanded capabilities

Abacus Group and Medicus IT, two leading providers of IT managed services with deep subject matter expertise in the highly regulated industries of financial services and healthcare respectively, today announced that they have merged. The transaction brings together two complementary, expert-driven organizations under a shared strategic vision to form a market-leading managed services and cybersecurity platform (MSP/MSSP) tailored to the comprehensive demands of two highly regulated industry sectors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250715640087/en/

While digital transformation and technology enablement is essential across all industries, financial services and healthcare face distinctive, high-stakes regulatory requirements for security, privacy, compliance, data governance and user experience. This merger addresses those challenges head-on—delivering scale and innovation while preserving the deep industry expertise on which clients rely.

“This merger unites two purpose-built market leading companies with shared values, complementary capabilities, and a commitment to excellence in highly regulated and intensely demanding market sectors,” said Anthony J. D’Ambrosi, CEO of Abacus and incoming CEO of the combined company. “We will maintain and strengthen dedicated financial services and healthcare business units to ensure clients continue to benefit from our industry specific experience and domain expertise. This merger also accelerates our ability to scale and expand our innovation investments, especially concerning the rapidly emerging AI race.”

“We are excited to bring together the leading financial services-focused and healthcare-focused MSPs to form a new compliance-centric, market-leading MSP platform,” said Jonathon Bunt, Partner at FFL Partners. “By combining expertise and resources, Abacus and Medicus are uniquely positioned to deliver even greater value and exceptional outcomes to clients, employees and shareholders alike.”

Strategic Highlights of the Merger:

• Integrated leadership team drawing from both companies to guide the next phase of growth
• Continued commitment to financial services and healthcare vertical industry subject matter expertise in these regulated markets—preserving client intimacy and sector-specific capabilities
• Operational synergies and leverage through shared services, enhanced global infrastructure, and unified client success management practices
• Expanded capacity to innovate in areas such as AI and Cybersecurity
• Broader client base and geographic reach

The combined company will remain focused on delivering unmatched, compliance-oriented services which address healthcare laws like HIPAA and financial industry regulations under bodies such as the SEC and FCA. This commitment, along with operational reliability, pragmatic innovation and exceptional client experiences, remains a hallmark of both Abacus' and Medicus' reputations.

About Abacus Group

Abacus Group is a global managed IT and cybersecurity service provider specializing in the unique needs of the financial services industry. With deep expertise in multi-cloud, compliance and IT-as-a-Service solutions, Abacus Group enables firms to operate securely, efficiently, and at scale.

The innovative and award-winning multi-cloud abacusFlex platform delivers all technology and security needs as a service, empowering clients to meet evolving cybersecurity, regulatory compliance, and infrastructure requirements.

Abacus Group supports clients across global financial markets, with dual headquarters in New York and London. For more information, visit www.abacusgroupllc.com.

About Medicus IT

Medicus IT is a specialized IT service provider focused on the healthcare industry, offering a range of solutions to help healthcare organizations optimize their operations, grow their processes, and transform their practices. They are known for their expertise in cybersecurity, cloud solutions, and managed IT services, particularly tailored to the needs of healthcare providers.

About FFL Partners

FFL Partners is a leading middle-market private equity firm that has been investing in high-quality companies since 1997. FFL is a hyperspecialized, thematic investor focused on targeted areas where the firm has deep expertise and broad networks – specifically healthcare and tech-enabled services. The firm aims to partner with exceptional management teams and employs a high-engagement approach to accelerate growth at its businesses. FFL currently has over $6 billion of cumulative capital commitments.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250715640087/en/