Net at Work Attracts Investment from Lovell Minnick Partners to Accelerate Growth

Net at Work Attracts Investment from Lovell Minnick Partners to Accelerate Growth

By Greg Tavarez

The business digital landscape is characterized by incessant technological advancements and a strong reliance on innovative tools and platforms. This makes the role of technology solutions providers nothing short of indispensable. These providers serve as the architects of digital transformation, guiding businesses through the modern technology maze, helping them reach max potential for growth, efficiency and competitiveness.

One such provider is Net at Work, which has been helping SMBs streamline their operations, enhance productivity and achieve growth through the transformative potential of technology since its founding in 1996.

Net at Work offers a wide range of services and solutions to help businesses unlock their full potential through technology. Some of the key services and solutions provided by Net at Work include managed IT services, cloud services, ERP/accounting, CRM and solutions that create positive employee experiences. The company provides value, which has earned it a solid reputation in various domains, including next-generation technology solutions and managed service, as well as fractional CIO and advisory services.

Net at Work’s commitment to innovation and excellence has enabled it to stay ahead of the curve in the technology landscape, and today, it received a boost to continue to build on its successes.

Net at Work announced it received a growth investment from Lovell Minnick Partners, a private equity firm focused on investments in financial services, business services and financial technology companies.

Lovell Minnick Partners specializes in forming partnerships with forward-looking enterprises. Since its establishment in 1999, Lovell Minnick Partners has successfully secured approximately $4.3 billion in committed capital, invested in excess of 50 enterprises and executed over 175 supplementary acquisitions. The firm's focal point revolves around growth-oriented, mid-sized companies situated within the financial services, financial technology and business services sectors.

Drawing upon its extensive industry knowledge and expansive network of strategic advisers, Lovell Minnick Partners aids entrepreneurs in expanding their businesses. To achieve that, the firm collaborates closely with management teams to realize enduring prosperity and value augmentation, emphasizing organic growth and strategic acquisitions – a process that will likely be repeated with the Net at Work partnership.

"Net at Work's track record of success, deep industry expertise and dedication to client satisfaction make them a natural fit for our portfolio,” said Trevor Rich, partner at Lovell Minnick Partners.

Tying in the partnership with Net at Work, this strategic partnership is set to propel Net at Work's expansion and further enhance its ability to deliver innovative technology solutions to businesses across the globe.

"This investment from Lovell Minnick Partners is a significant milestone for Net at Work,” said Alex Solomon, co-founder and co-CEO of Net at Work. “It will not only empower us to better help our customers and partners thrive in today’s digital economy but also to expand the career options for our employees and talent in the market. Together, we will continue to redefine excellence in technology partnership to lead the industry.”




Edited by Erik Linask
Get stories like this delivered straight to your inbox. [Free eNews Subscription]

MSPToday Editor

SHARE THIS ARTICLE
Related Articles

Produce8 App Update: Slash Unproductive Meetings, Boost MSP Efficiency

By: Greg Tavarez    4/25/2024

Produce8 launched a major update to its flagship application designed to provide MSPs and their clients with unmatched insights into how meetings affe…

Read More

MSP Expo Gold Sponsor ThreatLocker Strengthens Zero Trust Focus with $115M Series D Funding

By: Greg Tavarez    4/25/2024

ThreatLocker's recent announcement of a $115 million Series D funding round only highlights further the increasing demand for better endpoint protecti…

Read More

BreachRx Secures $6.5M Seed Funding

By: Stefania Viscusi    4/24/2024

BreachRx closed a $6.5 million seed round, led by SYN Ventures, with additional support from Overline.

Read More

Bigleaf Networks and NHC Partner to Optimize the Edge

By: Greg Tavarez    4/24/2024

New Horizon Communications Corp. (NHC) entered a strategic collaboration with Bigleaf Networks to offer network communications services to organizatio…

Read More

Secure the Everywhere Work Landscape: Ivanti Launches EASM and Platform Upgrades

By: Greg Tavarez    4/24/2024

The recently released Ivanti Neurons for External Attack Surface management, or EASM, helps combat attack surface expansion with full visibility of ex…

Read More