Novatech

Talkin’ Trends, Part Two: Dealers Chart Direction Industry is Taking

Ordinarily, we’d make some corny joke about the year being so new that we’re still writing 2024 on our checks. But for the life of me, I don’t know anyone who uses paper checks anymore. I’m sure a lot of people still do, somewhere. Regardless, time is nipping along smartly—we’re
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Happy 2025! Industry Pros Talk Keys to Success in New Year

Welcome to the New Year. Yes, you’re at the office in body, if not spirit. Chase that headache away with a Tylenol or, if you prefer, more hair of the dog that bit you. But since we don’t advocate drinking on the job, you may want to ask your immediate report if a little whiskey
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Brandon Jarrett Appointed Division President of Managed IT Services at Novatech

Nashville, TN (Dec. 20, 2024) — Novatech, a leading provider of nationwide Managed Office Solutions, is pleased to announce the promotion of Brandon Jarrett to division president of managed IT services. Jarrett, who joined Novatech in February 2024 as vice president of sales for
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Novatech’s Equalis Group Partnership Brings Nationwide Contract Benefits to Public Agencies

Nashville, TN (Dec. 10, 2024) – Novatech, a leading provider of nationwide Managed Office Solutions, is excited to announce that public agencies across the United States can now access its comprehensive technology portfolio through a streamlined procurement process made possible
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2024 Elite Dealer Challenges: Turning Obstacles into Opportunities

Our December issue encapsulates 118 of the office technology sector’s leading providers, the Elite Dealers. For many companies, it was a very good year, as evidenced by strong year-over-year growth from the honorees. But by no means was the campaign without its flaws, as dealers
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Novatech Announces Retirement of John Eckstrom, Former CEO of Carolina Business Equipment

Novatech, a leading provider of nationwide managed office solutions, announced the retirement of John Eckstrom, the former owner and CEO of Carolina Business Equipment (CBE). Eckstrom, who played a pivotal role in building CBE over the past 30 years and guiding it through its
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Novatech Appoints Ted Becker as Division President of Print, Leading Strategic Expansion in Managed Office Solutions

Nashville, TN (Nov. 5, 2024) — Novatech, a leading provider of nationwide Managed Office Solutions, is proud to announce the promotion of Ted Becker to division president of print for Novatech, ManagedPrint, and Pahoda Copiers & Printers. In this new capacity, Becker will
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Private Equity Firm Perpetual Capital Partners Acquires Novatech

Perpetual Capital Partners is pleased to announce that it has acquired Novatech Inc., a leading provider of nationwide Managed Office Solutions. Terms of the transaction were not disclosed. Founded in 1998, Novatech has become a leader in offering comprehensive Managed Office
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Hot Takes: Dealers Assess the Profit Heroes of 2024’s First Half

The early frontrunner for the 2024 pithy business observation of the year goes to the following gem: the juice has to be worth the squeeze. It’s as clever as it is true. Dealers have long been open to the idea of diversification, right? The qualifier is always, “Will I make a
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Novatech Broadens Managed Office Vision with Addition of Carolina Business Equipment

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
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M&A Roundup: GoodSuite, Kelley Connect, Novatech, WiZiX, AD Solutions and EDGE Pull Off Deals

If the old wives’ tale that bad things usually happen “in threes” has any merit, we’ll build upon this unfounded superstition with this week’s M&A roundup that saw six prominent dealers—GoodSuite, Kelley Connect, Novatech, WiZiX Technology Group, AD Solutions and EDGE
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Crystal Ball Activation: Dealers Ponder “Sleeper” Trends for 2023 and Beyond

We’ve all heard the phrase “we don’t know what we don’t know,” and as it applies to business, it is those variables that are not readily apparent and cannot be factored into a business plan. Natural disasters and pandemics immediately come to mind, as do man-made/triggered
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M&A Roundup: UBEO Business Services Acquires Seacoast Business Machines; Atlantic Business Systems Rebrands as Novatech

UBEO Business Services added yet another dealer to its stable, expanding its geographic footprint into New Hampshire with the acquisition of Seacoast Business Machines. Meanwhile, Atlantic Business Systems (ABS), which Novatech acquired this past summer, is transitioning its
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Novatech Consolidates Acquisitions for Nationwide MPS Coverage

Coming on the heels of four acquisitions in 12 months, Novatech announces further strategy refinements with the consolidation of two of those acquisitions: United Laser and ManagedPrint. In December of 2020, Novatech announced the acquisition of United Laser, a nationwide leader
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M&A Parade Continues with Deals by DME, Novatech and The Network Pro

While the office technology space is certainly not a sport, the first two weeks of 2022 definitely give the appearance of a trading deadline fast approaching. Although there are no championships at stake, several more leading contenders in the office dealer “league”
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