Mergers and Acquisitions, Mergers and Acquisitions, IT management, MSP

MSP Acquisition: StoredTech Buys Noah IT

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Managed services provider StoredTech has acquired the assets of Raleigh, North Carolina-based Noah IT for an undisclosed sum.

This is technology M&A deal number 491 that ChannelE2E has covered so far in 2022. See more than 1,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.

The acquisition will increase the company’s presence in the region as well as its headcount, as all of Noah IT’s employees will join StoredTech, the company said.

Founded in 2010, StoredTech has offices in Queensbury, Albany and Plattsburgh, New York, and Raleigh, North Carolina. The acquisition is effective immediately and all of the Noah IT staff will be work out of StoredTech’s Raleigh office, the company said.

StoredTech Acquires Noah IT: Leadership Insight

Mark Shaw, CEO, StoredTech
Mark Shaw, CEO, StoredTech

Mark Shaw, CEO, StoredTech, commented:

“We are always looking for ways to expand our footprint. Allan and the NOAH IT team certainly does that. We are also excited to offer more comprehensive services to our new clients.”

Allan Polak, founder of NOAH IT, said:

“This combination brings more depth of support and services to our clients. StoredTech has grown immensely here in Raleigh, and we are excited to be a part of it. I was extremely impressed with the StoredTech team’s total focus on Customer Delight.”