New Charter Technologies Acquires DS Tech

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 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.

New Charter Technologies Adds Element Technologies to Platform

March 18, 2025

IT Services

New Charter Technologies, a portfolio company of Oval Partners, has added Element Technologies to its MSP platform. The transaction expands New Charter's national IT services footprint and brings Element's cybersecurity, automation & AI, and document management expertise — with a strong focus on the legal sector — into the 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 Computer Transition Services (CTSI)

January 25, 2024

IT Services

New Charter Technologies, backed by Palo Alto-based private equity firm Oval Partners, has acquired Computer Transition Services Inc. (CTSI), a security-focused managed IT services provider headquartered in Lubbock, Texas. The acquisition (financial terms not disclosed) expands New Charter's footprint into West Texas and Eastern New Mexico while keeping CTSI’s existing leadership in place to continue operations.

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.