Southfield Capital, a premier lower middle market private equity firm, announced that Ntiva, Inc., a leading provider of managed IT services, strategic consulting, cybersecurity services, cloud services and telecom solutions, has completed the acquisitions of NetLogicDC and Navakai. The transactions represent Ntiva’s eleventh and twelfth acquisitions in the U.S., reinforcing the Company’s continued growth in the MSP market.
NetLogicDC, founded in 2005, further expands Ntiva’s footprint in the Washington DC metro area. Under the leadership of CEO Patrick Gulbrandson, NetLogicDC has grown to include an elite team of technology experts that specialize in the hospitality sector, amongst other generalized businesses.
“We are excited to welcome the NetLogicDC team to the Ntiva family,” said Steven Freidkin, CEO of Ntiva. “Their leadership team along with the entire employee base are an excellent fit with the existing Ntiva culture, aligning with our CORE values (Care, Ownership, Response and Excellence) and further strengthening our deep bench of technical talent.”
Top iTechnology AIOps News: GBT Started its AI System Training with Health-Related Big Data, Aiming to Create an Intelligent Health Advisor Agent, Named Hippocrates.
Navakai, founded in 2001 by Shawn Morland and Davin Neubacher, further expands Ntiva’s geographical coverage into the Rocky Mountains while bolstering the Company’s best-in-class IT service, support, and security offerings.
“Navakai is looking forward to the growth opportunities, additional resources and expertise that Ntiva brings to the table,” said Davin Neubacher, CEO of Navakai. “Our name may be changing, but our mission remains the same – building strong relationships and creating lasting partnerships while delivering high value services. We feel that culturally our companies have a lot in common and are excited about growing the region together.”
Southfield Capital acquired Ntiva in 2016 in partnership with Ntiva’s founder and CEO, Steven Freidkin. The acquisitions of NetLogicDC and Navakai further expand Ntiva’s geographic footprint and increase the Company’s client base to over 1,500 organizations located across the U.S., including Washington DC, Maryland, Virginia, Illinois, New York, Rocky Mountains and Southern California.
Top iTechnology Analytics News: BIGG Digital Assets Inc. Appoints KPMG LLP as Auditor
[To share your insights with us, please write to sghosh@martechseries.com]
