M&A Roundup: UBEO Business Services Acquires Seacoast Business Machines; Atlantic Business Systems Rebrands as Novatech

UBEO Business Services added yet another dealer to its stable, expanding its geographic footprint into New Hampshire with the acquisition of Seacoast Business Machines. Meanwhile, Atlantic Business Systems (ABS), which Novatech acquired this past summer, is transitioning its branding to Novatech.

It is believed to be the third deal made by UBEO in 2022, which also acquired Centric Business Systems and ADS Imaging Solutions earlier this year. In addition to Atlantic Business Systems, Novatech also obtained ManagedPrint this year.

SBM has established itself as the preeminent document management solutions provider in New Hampshire. Since 1984, they have been a well-respected company delivering products and services to the business community with a high level of integrity. With Seacoast’s two locations, UBEO will expand its East Coast footprint into another major market.

Jim Morrissey, UBEO

“Our goal from the beginning has been to buy high-quality companies that line up with UBEO’s customer-centric philosophy and the Seacoast team epitomizes those values,” said Jim Morrissey, president of UBEO. “Seacoast has a great reputation in the marketplace and by adding the power of UBEO, they will enhance their customer experience. New Hampshire is another great market for UBEO’s value proposition and strategy in the area. We will also be announcing another significant acquisition in the East very soon.”

While Seacoast is now a UBEO company, Seacoast’s local team will continue to remain in place. Terry Miltner, president of SBM, said, “We did not make this decision lightly. There are several companies we could have chosen to partner with, but UBEO exceeded our expectations. Every promise they have made through this process, they have kept. It is wonderful to work with a team that aligns so closely with our values.”

Atlantic Business Systems-Novatech

Dave Moorman, Novatech

Novatech is excited to continue ABS’ legacy of offering the very best in Sharp multifunctional printing solutions, along with a robust managed IT offering for the Florida business community. In addition, Novatech will now introduce its full portfolio of Managed Office solutions in Florida including expanded business solutions for IT, print, cloud, voice and cybersecurity.

“This is an exciting time at Novatech and ABS,” said Dave Moorman, Novatech’s president and CISO. “By leveraging our combined strength, knowledge, and resources, I am confident we will exceed customer expectations. Our goal is to help each customer reduce overall cost, increase employee productivity, minimize corporate risk, and drive sales.”

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About Novatech
Founded in 1998, Novatech Inc. is a nationwide business technology provider. The company eliminates the need for multiple managed service providers, hardware dealers and software integrators. Offering a full Managed Office portfolio, Novatech simplifies and streamlines the technology experience for today’s business.

About UBEO Business Services
Headquartered in Austin, Texas, UBEO is now the fastest-growing business technology organization in the country. UBEO now has over 1200 employees in 14 states. Since 2018, UBEO, LLC has enjoyed over 3x in annual revenue growth. While the organization is rapidly growing, its commitment to excellence is paramount. UBEO Business Services with its best-of-breed offering remains committed to being the “high-end customer experience” in the industry. UBEO’s success is attributable to its commitment to acquire best-in-class companies and build a premier brand in the document technology industry.

About Seacoast Business Machines
Since 1984, Seacoast has been giving organizations powerful document management solutions that improve productivity and deliver value. From managed print services and production print solutions to multi-function hardware and wide-format printers, Seacoast is committed to delivering best-in-class document technology, unparalleled support, and reliable service.