About Novatech
Novatech is a company based in Nashville (United States) founded in 1999 was acquired by Perpetual Capital Partners in September 2024. It operates as a Managed Services, and Subscription Services. Novatech has completed 11 acquisitions, including ACT Business Machines, Atlantic Business Systems and Consolidated Copiers. Novatech offers products and services including Managed IT Services, Managed Print Services, Managed Cloud Solutions, and Managed Cybersecurity. Novatech operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Nashville, United States
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Investments & Acquisitions
ACT Business Machines
& 10 more
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Acquired by
Perpetual Capital Partners
(Sep 04, 2024)
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Products & Services of Novatech
Novatech offers a comprehensive portfolio of products and services, including Managed IT Services, Managed Print Services, Managed Cloud Solutions, and Managed Cybersecurity. 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.
IT support and monitoring are provided 24/7 continuously.
Document printing and security solutions are efficiently managed.
Cloud solutions for security and mobility are offered.
Comprehensive cybersecurity protection is provided around the clock.
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Funding Insights of Novatech
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2009 | Amount | Grant - Novatech | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Novatech
Novatech has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include United States Department of Agriculture and Perpetual Capital 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.
| Investor | Description | Founded Year | Domain | Location |
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A private investment company focused on long-term value creation.
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Founded Year | Domain | Location | |
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Leadership is provided on agriculture, food, and rural development matters.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Novatech
Novatech has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include ACT Business Machines, Atlantic Business Systems and Consolidated Copiers. 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.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Printer repair and maintenance services are provided by the company.
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2007 | ||||
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Managed print services are provided to businesses.
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2003 | ||||
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Office printers, copiers, and scanners are supplied to businesses.
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2002 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Novatech
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novatech Comparisons
Competitors of Novatech
Novatech 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, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Novatech
Frequently Asked Questions about Novatech
When was Novatech founded?
Novatech was founded in 1999 and raised its 1st funding round 10 years after it was founded.
Where is Novatech located?
Novatech is headquartered in Nashville, United States. It is registered at Nashville, Tennessee, United States.
What does Novatech do?
Novatech is involved in delivering managed IT services, print solutions, cloud services, and cybersecurity. Operations are focused on 247 monitoring, management, and support for businesses. Various sectors including education, healthcare, and finance are served. Solutions such as Microsoft 365, Azure, and document workflow are offered. Comprehensive cybersecurity measures including managed detection and response are provided. Hardware, infrastructure, and professional services are also included in the portfolio.
Who are the top competitors of Novatech?
Novatech's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does Novatech offer?
Novatech offers Managed IT Services, Managed Print Services, Managed Cloud Solutions, and Managed Cybersecurity.
How many acquisitions has Novatech made?
Novatech has made 11 acquisitions, including ACT Business Machines, Atlantic Business Systems, and Consolidated Copiers.
Who are Novatech's investors?
Novatech has 2 investors. Key investors include United States Department of Agriculture, and Perpetual Capital Partners.