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XTIUM
XTIUM, led by Frank Scanga, manages IT for 1,700+ enterprises, ranking as a top 10 MSP globally. Known for AI-driven security and unified managed services.
XTIUM
XTIUM, formerly branded as Evolve IP, provides managed IT services to over 1,700 customers and supports 950,000 end users globally. The firm, led by Executive Vice Chairman Frank Scanga, has been recognized as a Leader in Gartner's Magic Quadrant for Managed Network Services for four consecutive years (per Gartner, 2026). Wealth origin and founding year remain undisclosed. The firm's service suite spans Virtual Desktops, Managed Security, Managed Network, Unified Communications, IT Helpdesk, and AI Consulting. XTIUM operates across North America, EMEA, and Asia with on-the-ground teams in 13 cities, including New York, Rotterdam, and Bangalore. The company emphasizes an AI-driven approach to threat detection and incident response, leveraging 24x7 SOC monitoring and real-time security operations. As of 2025, XTIUM ranked #9 on the Channel Partners MSP 501 list, placing it among the top 10 managed service providers globally (per Channel Partners, 2025). The firm has also been recognized as a Visionary in the 2025 Gartner Magic Quadrant for Desktop as a Service. Its global footprint extends to offices across 13 cities, though specific office locations beyond Wayne, PA are not detailed. XTIUM differentiates itself through a governance model that combines AI-powered automation with a high-touch managed service framework. The firm positions itself as a single-point accountability partner, integrating security, networking, communications, and support into one contract, reducing vendor fragmentation for mid-market and enterprise clients.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Wayne
Corporate office
Wayne, PA, United States
Principals
Frank Scanga
Executive Vice Chairman
Sector focus
Frequently asked questions
Who runs investment decisions at XTIUM?
XTIUM is led by Executive Vice Chairman Frank Scanga, as stated on the firm's website. The executive leadership team drives strategic decisions, though specific investment governance beyond the board level is not publicly disclosed.
How does XTIUM source proprietary deal flow?
As a managed IT services provider rather than a private investment firm, XTIUM does not source deal flow. It acquires customer relationships through direct sales and channel partnerships, serving mid-size and enterprise companies across sectors.
Is XTIUM structured as a single family office or does it operate more like a venture firm?
XTIUM is neither a family office nor a venture firm. It operates as a managed service provider (MSP), delivering IT infrastructure, security, cloud, and communications services. The firm's structure resembles that of a technology services company, not an investment vehicle.
Does XTIUM participate in fund commitments or only direct deals?
XTIUM does not participate in fund commitments or direct investment deals. The firm's business model is service-based, generating revenue through monthly recurring contracts for managed IT, security, and cloud services.
What investment stages does XTIUM typically target?
XTIUM does not target investment stages. The firm sells managed IT services to mid-size and enterprise customers, typically organizations with 500+ employees, across all stages of the business lifecycle.
Which sectors does XTIUM explicitly avoid?
XTIUM does not publicly disclose any explicit sector exclusions. Its customer base spans mid-size and enterprise organizations across multiple industries, as suggested by its broad service portfolio, though no specific sector restrictions are stated.
Where does the underlying wealth come from?
XTIUM's wealth origin is undisclosed. The firm does not publicly identify its ownership structure or the source of its capital. As a managed service provider, it is not a wealth management entity, and its ownership may be private or held by a parent entity.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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