New Charter Technologies Adds Element Technologies to Platform

New Charter Technologies (Oval Partners) Acquires Olmec Systems

December 3, 2020

IT Services

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.

New Charter Technologies Acquires Dynamic Edge

August 13, 2024

IT Services

New Charter Technologies, a PE-backed MSP platform, has acquired Ann Arbor-based managed services provider Dynamic Edge. The add-on deal—backed by Oval Partners—expands New Charter's geographic footprint and broadens its managed IT, cybersecurity, and application development capabilities to better serve clients across finance, healthcare, manufacturing and other industries.

New Charter Technologies Adds Biz Technology Solutions as Platform Partner (Oval Partners Portfolio)

March 17, 2023

IT Services

New Charter Technologies, a platform backed by Oval Partners, announced a partnership to bring Biz Technology Solutions (BTS), a Mooresville, North Carolina managed IT provider, into the New Charter banner. The move is an add-on to New Charter's buy-and-build strategy and is intended to expand managed services capability and geographic coverage across the Southeast while allowing BTS to retain its leadership and brand.

New Charter Technologies Acquires DS Tech

February 17, 2023

IT Services

New Charter Technologies, a portfolio company of Oval Partners, has acquired DS Tech, a managed IT services provider headquartered in Escanaba, Michigan. The deal adds DS Tech's managed IT, cybersecurity, disaster recovery, voice and cloud hosting capabilities to New Charter's MSP platform while keeping DS Tech's leadership and headquarters in place.

New Charter Technologies Adds NetSource One to Its Platform

January 15, 2026

IT Services

New Charter Technologies, a portfolio company of Oval Partners, has added Michigan-based NetSource One to its platform as an add-on acquisition. NetSource One — which supports 700+ clients and brings more than 75 employees — will continue operating under existing leadership and strengthen New Charter’s capabilities in regulated industries and security-first services.

New Charter Technologies Acquires ProTech IT

January 28, 2025

IT Services

Denver-based New Charter Technologies, a private equity–backed MSP platform sponsored by Oval Partners, has acquired Melville, New York–based ProTech IT. The add-on deal expands New Charter's geographic presence and brings a customer-forward, profitable client base and capabilities to the New Charter platform; financial terms were not disclosed.