Marco Technologies

Saint Cloud, United States Founded: 1973 • Age: 53 yrs Acquired By Norwest Equity Partners
Managed IT, cloud, and business services are provided.
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About Marco Technologies

Marco Technologies is a company based in Saint Cloud (United States) founded in 1973 was acquired by Norwest Equity Partners in October 2015.. Marco Technologies has completed 21 acquisitions, including Accent Business Solutions, Advanced Office Systems and All Pro Office Technology. Marco Technologies offers products and services including Managed IT Services, Managed Print Services, Managed Voice Services, Audio Visual Services, and Physical Security Systems. Marco Technologies operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Saint Cloud, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
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  • Social
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Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
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Products & Services of Marco Technologies

Marco Technologies offers a comprehensive portfolio of products and services, including Managed IT Services, Managed Print Services, Managed Voice Services, Audio Visual Services, and Physical Security Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Provides IT support, security, and cloud solutions for businesses.

Handles copiers, printers, and fleet management for efficiency.

Offers phone systems and collaboration tools for remote work.

Delivers digital signage and meeting space solutions for organizations.

Provides video surveillance and access control for asset protection.

People of Marco Technologies
Headcount 1000-5000
Employee Profiles 70
Employee Profiles
People
Ben Drewes
Director Of Revenue Operations
People
Jeffrey Kline
General Manager - Enterprise Technology Solutions
People
Dan Kellerman
Technology Advisor
People
Adam Schefers
Senior Information Technology Advisor

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Funding Insights of Marco Technologies

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2015 Amount Private Equity Round - Marco Technologies Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Marco Technologies

Marco Technologies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include NMP Capital and Norwest Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Investment solutions are provided by NMP Capital to financial sponsors.
Founded Year Domain Location
PE firm investing in the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Marco Technologies

Marco Technologies has strategically engaged in corporate development activities, having acquired 21 companies. Notable acquisitions include Accent Business Solutions, Advanced Office Systems and All Pro Office Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of office solution services
2005
Provider of IT software & hardware retail services
2002
Provider of waste management services
2002
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Marco Technologies

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Marco Technologies Comparisons

Employees
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Competitors of Marco Technologies

Marco Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Marco Technologies

Frequently Asked Questions about Marco Technologies

When was Marco Technologies founded?

Marco Technologies was founded in 1973 and raised its 1st funding round 42 years after it was founded.

Where is Marco Technologies located?

Marco Technologies is headquartered in Saint Cloud, United States. It is registered at Saint Cloud, Minnesota, United States.

What does Marco Technologies do?

Marco is a technology services company that specializes in hostedcloud services, managed services, business IT services, carrier services, copiersprinters, phone systems, document management and audiovideo systems. Has offices in Illinois, Iowa, Minnesota, Nebraska, North Dakota, South Dakota and Wisconsin. Some of its customers include Coborns, Western County School District, Gopher Plumbing Supply, Dorsey Whitney LLP.

Who are the top competitors of Marco Technologies?

Marco Technologies's top competitors include 1&1 IONOS, Mindtree and Genpact.

What products or services does Marco Technologies offer?

Marco Technologies offers Managed IT Services, Managed Print Services, Managed Voice Services, Audio Visual Services, and Physical Security Systems.

How many acquisitions has Marco Technologies made?

Marco Technologies has made 21 acquisitions, including Accent Business Solutions, Advanced Office Systems, and All Pro Office Technology.

Who are Marco Technologies's investors?

Marco Technologies has 2 investors. Key investors include NMP Capital, and Norwest Equity Partners.

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