New Charter Technologies (Oval Partners) Acquires Olmec Systems
December 3, 2020
New Charter Technologies, a platform backed by Oval Partners, has acquired Olmec Systems, Inc., a 34-year managed service provider that services more than 5,000 endpoints across the NJ/NYC and metro Atlanta markets. The transaction is an add-on to New Charter's roll-up of North American MSPs, allowing Olmec's owners to monetize and optionally reinvest alongside Oval Partners while remaining part of New Charter's leadership.
- Buyers
- New Charter Technologies, Oval Partners
- Targets
- Olmec Systems, Inc.
- Sellers
- Chris Forte, Jason Manteiga
- Platforms
- New Charter Technologies
- Industry
- IT Services
- Location
- New Jersey, United States
- Transaction Type
- Addon
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