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M&A Moves is a Technical.ly column where we highlight D.C.-area companies completing mergers and making acquisitions to scale their businesses. Got a submission? Email us and tell us why it belongs in the roundup.
Ntiva acquires Diverse Technology Solutions
[Press Release] Ntiva is excited to announce our acquisition of cloud provider Diverse Technology Solutions (DTS)! DTS will help us to expand our technical strengths and grow as a company. Read more from the press release here: https://t.co/MhSC3xANQ2 pic.twitter.com/IlZ3Dh2jeM
— Ntiva (@Ntiva) April 17, 2019
This is Ntiva’s second acquisition deal of the year, after acquiring Reston, Va-based managed service provider Network Alliance earlier this year. With the acquisition of DTS, Ntiva will expand its coverage to include New York City, Long Island, and Southern Florida, the company announced in a news release.
“This is the right time for us to join forces with Ntiva, providing an avenue for DTS employees to advance in their careers, as well as offer our clients a stronger portfolio of IT services,” Clay Hart, founder and CEO of DTS said in a statement.
Financial terms of the deal were not disclosed but Ntiva reported that this acquisition will increase its client base to over 700 organizations throughout the U.S. as the two companies work to provide
Advantia Health acquires Pacify
Rosslyn, Va.-based healthcare provider Advantia Health has acquired health tech company Pacify, which provides new or expectant moms on-demand 24/7 access to nationwide networks of maternal and pediatric specialists. Advantia Health exclusively focuses on women and maternal health with a tech component allowing its patients to easily access and communicate with their doctors.
The acquisition combines Advantia Health’s physical health practices with Pacify’s virtual capabilities. By year-end, Advantia Health wants to use Pacify to grant its patients full access to on-demand, remote services through its mobile app.
“In addition to the talented Pacify team and their flexible technology platform, we’re excited about the unique delivery channels that Pacify brings to the table. Pacify’s established relationships with health plans, employers, and government entities will enable Advantia to deliver care beyond physician offices as we continue to expand across the country,” Advantia Founder and CEO Sean Glass said in a statement.
This acquisition come a few months after Advantia Health acquired Heartland Women’s Healthcare, an OB-GYN practice with 25 locations across Missouri and southern Illinois, BioSpace reported. Heartland still operates as its own business and will be opening a 8,000 sq. ft. obstetrics and gynecology medical building in Missouri this spring.
Manor acquires Pair Inc.
Herndon, Va.-based real estate startup Manor, previously named UpsideDoor, acquired augmented reality company Pair Inc. Manor will integrate Pair’s platform into its own mobile app to allow users to take photos of their house and have the square footage determined automatically, the Washington Business Journal reported. The financial terms of the deal were not disclosed, but Pair’s founder and CEO Andrew Kemendo has joined Manor’s advisory board. Manor released its iOS app in February and has plans to release the Android version later this year.-30-
Arlington-based Storyblocks is set to be acquired by Great Hill Partners
M&A Moves: Reston’s Babel Street has acquired assets from Kansas-based Dunami
Custom framing company Framebridge has been acquired by Arlington’s Graham Holdings
Reston-based .org manager Public Interest Registry will no longer be acquired
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