Novatech, the nationwide managed office provider and core portfolio company of Trivest Partners, a leading founder-friendly private investment firm, is thrilled to announce the acquisition of Carolina Business Equipment (CBE). The deal further strengthens Novatech’s nationwide coverage and positions the company as the Carolinas’ most prominent business technology provider.
This strategic move perfectly aligns with Novatech’s mission of providing comprehensive managed office solutions to businesses nationwide while expanding its reach into the thriving Carolina market.
CBE’s robust portfolio includes managed IT services, managed print services, and an extensive line of A3 and A4 office products from industry leaders such as Sharp, Toshiba and Kyocera. This range of offerings further enhances Novatech’s existing capabilities and portfolio.
“We are incredibly excited to welcome Carolina Business Equipment to the Novatech family,” said Dan Cooper, CEO of Novatech. “CBE’s reputation for delivering exceptional customer experiences, innovative managed IT and print services, and its impressive growth trajectory perfectly mirror Novatech’s vision for the managed office. This acquisition represents a key milestone in our ongoing growth strategy.”
Established in 1975, CBE, under the stewardship of industry visionary John Eckstrom, has significantly broadened its product and service offerings to provide more comprehensive solutions to its customers. This expansion has propelled CBE to extend its geographical reach across the Carolinas, solidifying its commitment to innovation and customer-centric services. This strong foundation and steadfast focus on growth has enhanced CBE’s market position and prepared it for a future of sustained success.
“The alignment with Novatech offers an incredible opportunity for our team at CBE,” Eckstrom said. “With shared values and a commitment to delivering outstanding service and technology solutions, we foresee a bright future for our customers and employees.”
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About Novatech
Founded in 1998, Novatech Inc. is a nationwide business technology provider. The company eliminates the need for multiple managed service providers, hardware dealers, and software integrators. Offering a full managed office portfolio, Novatech simplifies and streamlines the technology experience for today’s business.
About Trivest
Trivest Partners LP is a private investment firm that focuses exclusively on the support and growth of founder-led and family-owned businesses in the United States and Canada in both control and non-control transactions. Since its founding in 1981, Trivest has completed more than 500 transactions totaling approximately $8 billion in value.
