Abstract:Novatech announces further strategy adjustments with the consolidation of two of those acquisitions: United Laser and ManagedPrint, following four acquisitions in a year.
Coming on the heels of four acquisitions in 12 months, Novatech announces further strategy refinements with the consolidation of two of those acquisitions: United Laser and ManagedPrint.
In December of 2020, Novatech announced the acquisition of United Laser, a nationwide leader in printer service, repair, and toner fulfillment. In January 2022, Novatech acquired South Carolina-based ManagedPrint, further strengthening its managed print service (MPS) portfolio for customers in the Carolinas and nationwide.
Two MPS Powerhouses Become One
Now the newly combined entity will operate as UL ManagedPrint, a Novatech Company, and report as part of the overall Novatech Managed Print Services segment. The goal is to bring business customers a fully unified team, all working from the same page and same goal of delivering value.
“As part of our nationwide strategy, this merger creates one skilled, focused team,” said Novatech CEO Dan Cooper. “We're already seeing the synergies of these two organizations come together into something even more powerful.”
Cooper continued: “We want to remove obstacles for customers as they adopt and expand managed print services (MPS). When that requires enterprise MPS or a nationwide model, we're well-prepared with the combined strength of these two MPS powerhouses.”
Seasoned MPS Leaders at the Helm of UL ManagedPrint
Chris Peebles (former United Laser President and Founder) will serve as CEO of UL ManagedPrint, with Rich Houghton (former ManagedPrint President) reporting to Peebles as President.
“The models of our two organizations complement each other so well that the merger was the next logical step,” said Chris Peebles. “The team is excited to see how this move further unites the reach of our MPS solutions in the Carolinas and across the US.”
“We all gain from the smart integration of our experience, skills and knowledge base, especially our MPS customers,” added Rich Houghton. “Plus, our team benefits from the ease of building rewarding careers across the wider organization.”
About Novatech
Founded in 1998, Novatech, Inc. is a nationwide business technology provider. The company eliminates the need for multiple managed service providers, hardware dealers and software integrators. Offering a full Managed Office portfolio, Novatech simplifies and streamlines the technology experience for today's business.
The Japanese yen failed to create a miracle in 2024, continuing its four-year decline against the US dollar. Does the yen still retain its safe-haven properties? Will the interest rate differential between the US and Japan narrow?
As of the writing of this article (January 2), oil prices stand at $71.88 per barrel. Investors need to continue monitoring whether the supply and demand dynamics will continue to push prices further up.
Founded in 1992, Saxo is a Danish investment bank that offers a wide range of investment products (stocks, ETFs, bonds, mutual funds, crypto ETPs) and leveraged products (options, futures, forex, forex options, crypto FX, CFDs, commodities). In today’s article, we will show you what it looks like in 2025.
HYCM is an online broker offering a wide variety of market instruments. WikiFX reviewed HYCM a few years ago. However, we wonder if this broker is still reliable in 2024 and the coming 2025. WikiFX has made a comprehension review of this broker to help you better understand the truth.