Novatech, one of Tennessee's biggest managed IT and print service providers, is acquiring DynaSis, one of Atlanta's biggest IT outsourcing companies.
Novatech said the acquisition — its 14th company purchase or merger since the company was founded in 1998 — will leverage DynaSis' expertise in managed IT, cybersecurity and cloud solutions as it expands into new markets.
"With the rapidly changing IT landscape, businesses are increasingly seeking a single provider to support their entire IT environment," Novatech CEO Darren Metz said. "Novatech is committed to offering our customers premier IT solutions and joining with DynaSis increases the strategic value we bring by serving as a trusted advisor and permitting our customers to focus on their business not their IT challenges."
With the merger, Novatech will retain the DynaSis office and staff located in Alpharetta, Georgia and appoint DynaSis founder Dave Moorman as president of Novatech's Managed IT Services. Chas Arnold, DynaSis principal and executive vice president, will become Novatech's vice president of managed IT Services.
NovaTech expanded to Chattanooga in 2010, moving into the former Sunshine Biscuit Co. building on Central Avenue where the company is still located.
Novatech has been recognized a record 12 times by Inc. magazine as one of the fastest growing companies in the United States with 15 branches throughout the South and revenues of $94.5 million.
"When we were approached by Novatech, we knew right away this would be a perfect fit for the DynaSis team," said Moorman. "Darren Metz's vision of the industry and forwarding-thinking management team align with our goals to provide world-class technology services."
Novatech was founded in two decades ago in Memphis before moving its headquarters to Nashville in 2004. The company has made six acquisitions in the past two years, including two already in 2019.