Novatech Consolidates Recent Acquisitions
On March 15th, business-technology provider Novatech announced that the consolidation of two acquisitions it acquired in the last 12 months, United Laser and ManagedPrint. In the last 12 months, Novatech had also acquired two other companies.
In December of 2020, Novatech announced its acquisition of United Laser, a provider of printer service, repair, and toner fulfillment. In January 2022, Novatech acquired South Carolina-based ManagedPrint, which it said would further strengthen its managed print service (MPS) portfolio for customers in the Carolinas and nationwide.
Newly Combined Companies
The newly combined entity will operate as ManagedPrint, a Novatech Company, and report as part of the overall Novatech Managed Print Services segment. Novatech’s goal is to bring business customers a fully unified team.
Novatech CEO Dan Cooper commented: “As part of our nationwide strategy, this merger creates one skilled, focused team. We’re already seeing the synergies of these two organizations come together into something even more powerful.
“We want to remove obstacles for customers as they adopt and expand managed print services (MPS). When that requires enterprise MPS or a nationwide model, we’re well-prepared with the combined strength of these two MPS powerhouses.”
Chris Peebles (former United Laser President and Founder) will serve as CEO of ManagedPrint, with Rich Houghton (former ManagedPrint President) reporting to Peebles as President.
- January 2022: Novatech Expands Nationwide MPS Coverage with New Acquisition
- August 2021: Novatech Acquires Xerox Dealer
- July 2021: Novatech Acquires Xerox Dealer
- January 2021: Novatech Expands in Texas
- December 2020: Novatech Acquires United Laser
- January 2020: Novatech Introduces Managed Office Portfolio