#USA #New York #Sourcepass #Chuck Canton #Marcus Holloway

Sourcepass Welcomes Marcus Holloway as New CEO

In a strategic move reflecting its rapid growth trajectory, Sourcepass has appointed Marcus Holloway as its new Chief Executive Officer. This transition marks a significant milestone not only for the company but also for its founder, Chuck Canton, who will shift to the role of Executive Chairman. Over the past five years, Sourcepass has redefined its position in the managed services and security landscape, achieving remarkable milestones along the way.

Growth at an Unprecedented Rate

Since its inception, Sourcepass has carved out a prominent place within the market, surpassing $100 million in annual revenue and growing its workforce to nearly 500 employees, thanks to an aggressive acquisition strategy that has seen 13 companies integrated into its operations. This expansion not only highlights Sourcepass's commitment to growth but also reinforces its status as one of the fastest-growing Managed Service Providers (MSPs) in the United States.

Under Canton’s leadership, Sourcepass didn't just grow in numbers; it reached historical profitability levels, indicative of operational excellence and a laser-focus on client satisfaction. As the company prepares to embark on the next chapter, both Canton and Holloway recognize the importance of maintaining the strong foundations that have propelled Sourcepass to its current standing.

A Vision for the Future

Holloway, who has a rich background in scaling technology-enabled service organizations, is expected to steer Sourcepass towards enhanced operational performance and a broader national footprint. In his role as CEO, he will be implementing a strategy focused on advancing artificial intelligence-enabled services, automation, and new recurring revenue models.

“I’m honored to join Sourcepass at such a pivotal moment,” said Holloway. “The company’s achievements over the past five years are unparalleled, and what lies ahead is even more promising. We will continue to celebrate the entrepreneurial spirit that built Sourcepass while pushing the boundaries of innovation and client value.”

Recognition and Partnerships

This leadership transition is also timely as Sourcepass has been recognized as Pax8 Partner of the Year for the fourth consecutive year. This award underscores the company's robust partnership with Pax8 and its ongoing leadership in cloud-first managed services. Furthermore, support from the Metropolitan Partners Group (MET), Sourcepass's financial partner, has been instrumental in the company’s successes and aspirations for continued growth.

“With the support of MET and the trust from partners like Pax8, Sourcepass is ideally positioned for the future,” Holloway continued. “We are excited to build on our momentum and remain committed to delivering industry-leading service and innovation, especially as we explore the vast opportunities that AI brings to our operations.”

About Sourcepass

For those unfamiliar, Sourcepass is revolutionary in how businesses leverage IT, aiming to empower clients in navigating their digital landscapes effectively. By blending innovative technologies with comprehensive managed services and a client-centric focus, Sourcepass is on a mission to help organizations modernize and secure their technology environments.

For more information on Sourcepass and its extensive range of services, interested parties can visit their official website at www.sourcepass.com.