TeamLogic IT has been named the 2020 MSP of the Year by Channel Futures, according to a news release.

TeamLogic IT, a national provider of managed IT services and technology support for businesses, has ranked in the MSP 501 since 2014, stated the release.

This year, however, is the first time the company has earned the MSP of the Year Award. MSP applicants are ranked using a methodology that weighs revenue figures according to long-term health and viability; commitment to recurring revenue; and operational efficiency, stated the release.

“It is an honor to earn the distinction as first place winner of the MSP of the Year award from Channel Futures,” said Dan Shapero, TeamLogic president and COO, in the release. “Every day more and more businesses rely on TeamLogic IT for comprehensive managed IT services and advanced technology support for their organizations. We appreciate Channel Futures’ recognition of our franchise model and national footprint as a differentiator in our industry.”