New England Network Solutions, Inc.
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
New England Network Solutions, Inc. (NENS) is an information technology and cybersecurity company founded in 1993 by Dan Adams, with its headquarters located in Lowell, Massachusetts. The company has established a three-decade record of providing managed services to small and medium-sized organizations, with a specific focus on high-growth regulated sectors such as healthcare and life sciences. Business/Product Breakdown New England Network Solutions, Inc. delivers a comprehensive suite of managed IT services, cybersecurity solutions, and strategic consulting designed to align technology with business objectives. Its service portfolio is anchored by "Security Managed Care" and "Total Managed Care," which integrate proactive network maintenance, helpdesk support, and advanced threat protection. The company provides specialized compliance and advisory services, including Virtual Chief Information Officer (vCIO) guidance, strategic IT roadmapping, and policy management to help clients meet rigorous standards such as HIPAA and CMMC. These services are supported by a dedicated service delivery structure that ensures consistent execution and guaranteed service level agreements (SLAs). In addition to day-to-day operations, NENS offers robust business continuity and disaster recovery solutions, featuring recovery time objective (RTO) planning and regular testing to minimize downtime from cyber threats or unforeseen disruptions. The firm's technical expertise extends to infrastructure managed care, encompassing cloud computing, network engineering, and technology lifecycle management to optimize hardware and software investments. NENS also facilitates technology procurement, providing expert sourcing and implementation for cloud, network, and end-user computing solutions. By maintaining 24/7 monitoring and analysis, the company aims to transition IT from a cost center into a resilient competitive advantage for its clients.
Keywords
Keywords
Classified
Private