https://www.channelfutures.com/wp-content/themes/channelfutures_child/assets/images/logo/footer-new-logo.png
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • MSP 501 Rankings
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2023 Call for Speakers
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
Channel Futures
  • NEWSLETTER
  • Home
  • Technologies
    • Back
    • SDN/SD-WAN
    • Cloud
    • RMM/PSA
    • Security
    • Telephony/UC/Collaboration
    • Cable
    • Mobility & Wireless
    • Fiber/Ethernet
    • Data Centers
    • Backup & Disaster Recovery
    • IoT
    • Desktop
    • Artificial Intelligence
    • Analytics
  • Strategy
    • Back
    • Mergers and Acquisitions
    • Channel Research
    • Business Models
    • Distribution
    • Technology Solutions Brokerages
    • Sales & Marketing
    • Best Practices
    • Vertical Markets
    • Regulation & Compliance
  • MSP 501
    • Back
    • MSP 501 Rankings
    • NextGen 101 Rankings
  • Intelligence
    • Back
    • Galleries
    • Podcasts
    • From the Industry
    • Reports/Digital Issues
    • Webinars
    • White Papers
  • Channel Futures TV
  • EMEA
  • Channel Chatter
    • Back
    • People on the Move
    • New/Changing Channel Programs
    • New Products & Services
    • Industry Honors
  • Resources
    • Back
    • Channel Futures 20: Top Tech Providers
    • Advisory Boards
    • Industry Organizations
    • Our Sponsors
    • Advertise
    • 2023 Editorial Calendar
  • Awards
    • Back
    • 2022 MSP 501
    • Channel Influencers
    • Circle of Excellence
    • DE&I 101
    • Technology Advisor 101 (TA 101)
    • Channel Leaders Lists
  • Events
    • Back
    • 2023 Call for Speakers
    • CP Conference & Expo
    • MSP Summit
    • Channel Partners Europe
    • Channel Partners Event Coverage
    • Webinars
    • Industry Events
  • About Us
  • DE&I
    • Newsletter
  • REGISTER
  • MSPs
  • VARs / SIs
  • Agents
  • Cloud Service Providers
  • Channel Partners Events
 Channel Futures

Mergers and Acquisitions


Shutterstock

hand shake

New Charter Teams with Strong Microsoft, Dell MSP Partner

  • Written by James Anderson
  • March 20, 2023
The leadership team at Biz Technology Solutions will remain in the business as they scale their company.

North Carolina-based MSP Biz Technology Solutions, known for its accomplishments in the Microsoft ecosystem, will tap into New Charter Technologies‘ private equity-backed funding through a partnership.

Biz Technology Solutions (BTS) announced the deal with New Charter, which belongs to investment firm Oval Partners‘ portfolio. Neither is saying how much money exchanged hands. BTS’ leadership team will stay in their positions, and the company will retain its headquarters in Mooresville, North Carolina.

Mike Chouffani has been president of BTS for 25 years. He said the deal lets BTS scale its services, technology and talent.

Chouffani, Mike_Biz

BTS’ Mike Chouffani

“Time is money for our clients, and when something is not going well, we in the technology business need to have the ability to dispatch quickly no matter the client’s location. Joining New Charter is a big plus for our clients in that regard,” Chouffani said.

He said the partnership allows his team to focus on their role as “technologists.”

“New Charter will be an extension of us that will bolster our business, while simultaneously allowing us to preserve our company culture and our brand. Bottom line, this partnership will help accelerate our growth and really allow us to better serve our clients across the nation.”

New Charter states in its five pillars that it seeks to partner with high-margin business owners who want to stay at their company. Almost a year ago, New Charter stated that 17 founders from the 18 companies were still on board. New Charter has gone on to announce more partnership, most recently with SMB-focused MSP DS Tech.

New Charter's Mitch Morgan

New Charter’s Mitch Morgan

Biz Technology Solutions

New Charter is partnering with a company that boasts strong strong relationships in the IT community, including with Microsoft, Dell and Ingram Micro.

Keep up with the latest channel-impacting mergers and acquisitions in our M&A roundup.

The MSP over the years has earned Microsoft Gold competencies for cloud platform, productivity and application development. In addition, Microsoft has designated BTS as a solutions partner for Azure infrastructure and modern work.

Furthermore, BTS describes itself as a Dell Partner Direct preferred partner.

BTS landed on the Inc. 5000 in 2016. Just a year prior, Ingram Micro recognize it as one of its 500 fastest-growing SMB-focused partners.

New Charter CEO expressed excitement to work with Chouffani, and Chouffani’s co-founder and brother, Reda Chouffani.

“Biz Tech brings a broad set of capabilities to our platform. In addition to having a solid local managed services presence, the company has a variety of enhanced services capabilities that we will be able to take across our growing platform.”

Want to contact the author directly about this story? Have ideas for a follow-up article? Email James Anderson or connect with him on LinkedIn.

 

Tags: MSPs Strategy Mergers and Acquisitions RMM/PSA

Most Recent


  • Making Waves
    7 Channel People Making Waves This Week at AWS, Cisco, Snyk, CrowdStrike, More
    Earlier this year, ServiceNow made a $25 million strategic investment in Snyk. This followed Snyk closing a $196.5 million funding round.
  • AppDirect-TBI, latest channel M&A
    Latest Channel M&A: ReliaQuest, IBM, Broadcom, Amplix, More
    Absolute Software, Procure IT and Qlik were among other companies wheeling and dealing in May.
  • CwCJ with Palo Alto Networks
    Coffee with Craig and James Episode 124: Palo Alto Networks
    Cybersecurity is on the agenda, as we talk threats, channel program and more.
  • CP Expo Best in Show 2023
    Images: Channel Partners Conference & Expo Best in Show Awards
    Vonage, T-Mobile, OpenText and 8x8 were among the winners. See who else took home honors.

Leave a comment Cancel reply

-or-

Log in with your Channel Futures account

Alternatively, post a comment by completing the form below:

Your email address will not be published. Required fields are marked *

Related Content

  • Hock Tan: Broadcom-VMware ‘A Win-Win-Win’ for Channel Partners, Buyers
  • Priorities
    USWired's Robin Hau on Finding Your Magic Number, Surviving an Acquisition
  • Handshake
    IT Services Giant SCC Buys Vohkus to Strengthen Product Business
  • Cloud Security
    XM Cyber Partners Getting Extended Cloud Security with Confluera Acquisition

Upcoming Events

View all

Channel Partners Europe

June 13, 2023 - June 14, 2023

Channel Futures Leadership Summit

October 30, 2023 - November 2, 2023

Channel Partners Conference & Expo

March 11, 2024 - March 14, 2024

Galleries

View all

7 Channel People Making Waves This Week at AWS, Cisco, Snyk, CrowdStrike, More

June 9, 2023

Latest Channel M&A: ReliaQuest, IBM, Broadcom, Amplix, More

June 9, 2023

Images: Channel Partners Conference & Expo Best in Show Awards

June 9, 2023

Industry Perspectives

View all

Identity Is Increasingly Valuable – and Targeted

May 18, 2023

Gaining a Competitive Advantage through AV Managed Services

May 10, 2023

How to Build an Organization That Attracts and Retains Talent

May 1, 2023

Webinars

View all

From Problem to Profit: Mastering the Science of Selling Using Business Outcomes

May 9, 2023

Meet the 2023 Channel Futures Channel Influencers

April 13, 2023

DE&I Dialogue: How the Right DE&I Initiatives Can Propel Your Business

April 5, 2023

White Papers

View all

6 UCaaS Reseller Challenges and How Real World Businesses Solved Them

February 1, 2023

Frost Radar: North American UCaaS Market, 2022

February 1, 2023

The Complete Guide to White-Label UCaaS for Reseller Success

February 1, 2023

Channel Futures TV

View all

Coffee with Craig and James Episode 124: Palo Alto Networks

Motus: Partners Grasping Mobile Workforce Management Opportunity

June 9, 2023

Coffee with Craig and James Episode No. 123: MartinWolf M&A Advisors, CP Expo Preview

April 24, 2023

UScellular Takes On Rivals with Partner Program Simplicity

April 21, 2023

Twitter

ChannelFutures

Channel people making waves include @mnair1, @George_Kurtz, @mike_at_vulcan, @jzoblin, @jpatel41 and more.… twitter.com/i/web/status/1…

June 9, 2023
ChannelFutures

.@motusdotcom wraps its #CPExpo experience, talks mobile workforce management opportunity in the channel.… twitter.com/i/web/status/1…

June 9, 2023
ChannelFutures

Find out why #companyculture is significant when planning a merger or #acquisition. dlvr.it/SqR4ks https://t.co/gAUxiEW4yE

June 9, 2023
ChannelFutures

Great conversation with @Tom_D_Evans of @PaloAltoNtwks talking #cybersecurity, channel, more.… twitter.com/i/web/status/1…

June 9, 2023
ChannelFutures

The latest channel M&A includes @ReliaQuest, @IBM, @Broadcom, @AmpliXIT and more. dlvr.it/SqQntD https://t.co/DektC1Xmz9

June 9, 2023
ChannelFutures

Find out why everyone is talking about generative AI and cloud in this exciting new article >>… twitter.com/i/web/status/1…

June 9, 2023
ChannelFutures

In just 4 days, #ChannelPartners will come together in #London for #ChannelEurope. Professionals from the IT & Tele… twitter.com/i/web/status/1…

June 9, 2023
ChannelFutures

Kicking off a multi-part series, get the inside scoop on what changes are taking pace in the channel. In this galle… twitter.com/i/web/status/1…

June 8, 2023

MSP 501

The industry's largest and most comprehensive partner awards program.

Newsletters and Updates

Sign up for The Channel Report, Channel Futures Update, MSP 501 Newsletter and more.

Live Channel Events

Get the latest information on the next industry-leading Channel Partners event.

Galleries

Educational slide shows and images from live events.

Media Kit And Advertising

Want to reach our audience? Access our media kit.

DISCOVER MORE FROM INFORMA TECH

  • Channel Partners Events
  • Telecoms.com
  • MSP 501
  • Black Hat
  • IoT World Today
  • Omdia

WORKING WITH US

  • Contact
  • About Us
  • Advertise
  • Newsletter

FOLLOW Channel Futures ON SOCIAL

  • Privacy
  • CCPA: “Do Not Sell My Data”
  • Cookie Policy
  • Terms
Copyright © 2023 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and Head office is 5 Howick Place, London, SW1P 1WG.
This website uses cookies, including third party ones, to allow for analysis of how people use our website in order to improve your experience and our services. By continuing to use our website, you agree to the use of such cookies. Click here for more information on our Cookie Policy and Privacy Policy.
X