Novatech is continually growing and evolving.
We believe that today’s customer demands a full suite of office technology solutions, including Managed Print and Network Services, provided regionally or nationwide. Our goal is to build a fully integrated, nationwide organization that delivers that full suite of solutions with the efficiency of a large-scale company and the responsiveness and excellent customer care of a local entrepreneurial dealership.
We are constantly examining new acquisition opportunities.
Novatech has joined forces with Trivest Partners, a private equity firm out of Miami, Florida. Novatech has the technical acumen and Trivest has to resources to build a nationwide presence. We invite you to join us on this exciting journey. We have a full-time team devoted to acquisitions. This team is responsible for identifying and examining potential acquisition candidates, performing detailed analysis, valuation, due diligence, and all actions necessary to consummate an acquisition. If you are considering selling your company, we will be happy to work with you each step of the way. We can explain, in detail, the acquisition process, how values are derived, and what to expect before, during, and after the process.
We offer maximum flexibility.
You have spent a lifetime building your business. Our goal is to honor your life’s work and provide you the optimal liquidity event for your personal situation. We offer numerous options to address common shareholder concerns such as your legacy, your post-sale career, and reinvestment opportunity.
Novatech and Trivest consider many factors to determine the overall value of a business.
We understand what you have put into your business to make it the success it is. Your staff and customer relationships are one of your most valuable assets and our entire acquisition process is centered on maintaining and building on those elements that have made your business unique and a success. There are many variables that go into assessing the value of a business to our portfolio including geographical location, market position, vendor and customer relationships, management teams, reputation and growth potential. In addition to business and market analysis, our team performs detailed financial analyses, valuations, and due diligence prior to every transaction.
Trivest’s unique “Just Say No!” structure removes many of the pain points of a typical acquisition transaction.
Just Say No to:
- Required Shareholder Rollover
- Preferred Stock
- Excessive Leverage
- Financing Contingencies
This approach is valued by sellers who are focused on a number of critical transaction elements, including:
- Aligning the Business With a Truly Value-Added Partner
We intend to enter new geographic markets by acquiring “key” companies.
We then will expand those key companies’ markets through the acquisition of satellite companies, which are typically in close geographic proximity to key companies. Our key companies may choose to continue to operate under their pre-acquisition names, and with their pre-acquisition management teams, thus preserving existing customer relationships. Satellite companies are integrated into our key companies by transferring some of the administrative functions from the satellite to the key company, or to Novatech as a whole.
Key Company Acquisitions
If your business is in a market where we already have a presence, or your business has some unique characteristics, call us to discuss. We are always happy to explore possibilities for a strategic combination. We look for key company acquisition candidates that (1) are led by an experienced management team who are committed to manage the company after we acquire it, (2) have a strong regional market presence, and reputation for service, and (3) can grow internally and through the acquisition of satellite companies.
Satellite Company Acquisitions
A main component of our growth strategy is to acquire satellite companies in, or near, our key companies’ markets. Key company management frequently identitifies appropriate satellite acquisition candidates. In evaluating potential satellite acquisitions, we consider, among other factors, the potential satellite’s proximity to a key company, its customer base, its service contracts, and machines in field.
Our experienced management team provides direct support and assistance after the acquisition transaction. We have a dedicated acquisition project lead who is available to provide support in the immediate days, weeks, and months of a sale, which we understand can be a disorienting time for your employees and customers. We provide efficiencies to our operating companies in the form of benefit programs and insurance. Our management team is available to provide assistance in a variety of disciplines, including human resources, benefits, insurance, service and sales productivity, accounting, and information systems support.
If the time has come for you to sell your business, we welcome the opportunity to take a closer look at your success in the marketplace and financials. We understand the need for discretion and please be assured that all communications are strictly confidential.
To initiate a confidential inquiry, please contact:
Director of Mergers & Acquisitions
Cell # 218-232-5129