Parties
Company
Net at Work Inc.
Company
Lovell Minnick Partners LLC
On September 19, 2023, Net at Work Inc., a leading provider of digital operations platform technology solutions for small-to-medium-sized businesses (SMBs), received a strategic growth investment from Lovell Minnick Partners LLC (LMP), a private equity firm specializing in financial services, business services, and financial technology. This investment aims to accelerate Net at Work's global expansion and enhance its capability to deliver innovative technology solutions.
Founded in 1996, Net at Work has been instrumental in helping SMBs optimize operations and drive growth through next-generation technology, cloud services, and managed IT services. The partnership with LMP will provide significant capital for acquisitions and other growth investments, further positioning the company as an industry leader.
Legal counsel for Net at Work was provided by Katten Muchin Rosenman LLP, with Harris Williams serving as financial advisor and Netrex as capital markets advisor. Bennett Jones LLP and Goodwin Procter LLP acted as legal counsel to Lovell Minnick Partners.
Deal Type
Financing/InvestmentIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
19 September 2023