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
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MSPToday Editor

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