Novatech, Inc. | Stephens

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Sell-Side Advisor

Novatech, Inc.

Value Not Disclosed 09/17/2024 Services Complete
Financial Sponsors, Private Companies, Family Office Advisory
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Transaction Details

  • Perpetual Capital Partners announced that it has acquired Novatech, Inc. (“Novatech” or “the Company”), a leading provider of nationwide Managed Office Solutions.
  • Founded in 1998, Novatech has become a leader in offering comprehensive Managed Office Solutions to businesses throughout the U.S., including IT, print, cloud, and cybersecurity services, along with industry-leading hardware and automation software. Serving as a single point of contact for all technology needs, Novatech simplifies operations, maximizes productivity, and reduces costs for clients.
  • Financial terms of the transaction were not disclosed.

About the company

Novatech
Novatech, Inc., headquartered in Nashville, Tennessee, is an award-winning provider of business technology solutions, specializing in Managed Office Services that streamline technology for businesses nationwide. Novatech offers a comprehensive portfolio of IT, print, cloud, and cybersecurity solutions, ensuring seamless technology integration so companies can focus on their core operations. As one single point of contact for all technology needs, Novatech maximizes productivity, data security, and uptime, eliminating the need for multiple vendors. Committed to innovation and exceptional customer experiences, Novatech transforms how businesses manage technology, ensuring seamless operations and superior support.

Trivest
Trivest Partners, headquartered in Miami with a presence in Charlotte, Chicago, Denver, Los Angeles, New York, and Toronto, is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the U.S. and Canada, in both control and non-control transactions.

Perpetual Capital Partners
Perpetual Capital Partners, based in the Washington D.C. area, is the direct private investing arm of Perpetual Capital, a single-family office investment firm. Operating as a holding company with an evergreen capital base, which enables them to focus on long-term value creation without the constraints of a defined holding period, Perpetual Capital Partners makes control and minority equity investments in private businesses headquartered in the U.S.

Sources: Press Release.
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