The Third Party Maintainer (TPM) market is more active and robust than it has been in decades!
Private equity activity has dramatically increased over the last years. Today the top TPM companies are either wholly or heavily invested in by private equity
As a result of the above, TPM providers are actively acquiring complimentary skills, capabilities and access to new geographies, channels or customers. There has and continues to be consolidation in this market thus creating larger and more capable providers.
OEMs are leveraging third-party maintainers, pushing out more expensive OEM subcontractors in outsourcing and multivendor maintenance contracts.
Service providers are becoming pragmatic and accepting the option to partner rather than invest their own capital expenditure to develop and build specific capabilities. The fastest growing channel for TPM is through commission-based partnerships with the authorized VAR community.
Service Industry Association (SIA) has been a catalyst for the TPM market as the largest global association of TPM companies.
By becoming a member of the Service Industry Association (SIA), businesses can gain access to the largest global association of TPM companies.
With 140+ member companies, including 25% of the member companies with HQ outside of the U.S., SIA plays a significant role in defining and shaping this market.
SIA provides businesses with industry insight and points of view through research and analysis of market data and trends, identification of best practices, and thought leadership.
Networking via annual and regional meetings, educational, and other venues provide businesses with opportunities to collaborate with peers, partners, and other organizations on industry, business, professional, and personal growth topics.