ServicePoint and INNO4 Join Forces to Expand Technology Solutions Nationwide
Gracie Gottlieb | 30 November, 2023
The partnership between ServicePoint and INNO4 brings together two industry leaders in the technology integration and solutions space. ServicePoint, a portfolio company of Mill Point Capital LLC, has recently made a strategic investment in INNO4, a leading nationwide technology integrator and solutions provider. This partnership not only expands ServicePoint's geographical reach and service offerings but also strengthens their ability to serve both existing and new customers throughout the United States and Canada.
INNO4 specializes in designing, installing, and supporting custom technology solutions for large enterprise customers. Their solutions encompass a wide range of services, including data infrastructure, audiovisual, IT services, and managed services. While they serve various industries such as e-commerce & retail, healthcare, real estate, technology, and financial services, INNO4's core focus lies in mission-critical systems for sophisticated facilities and technology rollouts. With their headquarters in Boston, Massachusetts, INNO4 operates nationwide.
The talented management team at INNO4, led by Co-Founders Robert Feldman, Mark Rauch, and Paul Manibusan, has built a reputation for growth and reliable customer service. With the support of ServicePoint and Mill Point Capital, INNO4 will continue to expand its capabilities and resources, creating even more value for its customers. This strategic partnership allows both companies to capitalize on shared expertise and leverage their strengths to deliver exceptional technology solutions.
ServicePoint's Chief Executive Officer, Jose Bernal, expressed excitement about the partnership, stating, "The INNO4 team has built an incredible business with a 'customer-first' approach and a culture of operational excellence. With the addition of INNO4 to the ServicePoint platform, we continue to add to our suite of services and execute our overall growth strategy."
Robert Feldman, CEO of INNO4, also expressed enthusiasm about the partnership, saying, "We are excited to announce our partnership with both Mill Point and ServicePoint and look forward to embarking upon our next chapter of growth. This partnership creates a unique opportunity to capitalize on shared capabilities and resources, which will create tremendous value for our customers."
Jeff Leventhal, Mill Point Executive Partner and Executive Chairman of ServicePoint, believes that this partnership will further enhance ServicePoint's position in the market. He said, "Robert and his team have built a special platform in INNO4. We look forward to partnering with the entire team to continue the Company’s track record of growth and world-class service delivery. With this combination, ServicePoint will be one of the largest technology service businesses in North America."
The investment by Mill Point Capital in INNO4 demonstrates their confidence in the company's potential for growth and success. Brandon Sarno, Vice President at Mill Point, expressed his confidence in the INNO4 team, saying, "We have been extremely impressed by the entire INNO4 team and the strong foundation they have built. We are excited to have management continue in their roles and look forward to executing on the numerous growth opportunities and strategic initiatives ahead."
This partnership between ServicePoint and INNO4 brings together two industry leaders in the technology integration and solutions space. With their combined expertise and resources, they are poised to deliver innovative and tailored technology solutions to customers throughout the United States and Canada.
About INNO4 LLC
INNO4 is a leading technology integrator and solutions provider headquartered in Boston, MA. Founded in 2010, the company specializes in data infrastructure, audiovisual, IT services, and managed services. With a customer base of over 190 clients across various industries, INNO4 is committed to delivering exceptional technology solutions. For more information, please visit www.inno4llc.com.
About Mill Point Capital LLC
Mill Point Capital LLC is a private equity firm focused on control investments in lower-middle-market companies in North America. Their areas of focus include Business Services, Industrials, and IT Services sectors. With a team of experienced investors and Executive Partners, Mill Point Capital seeks to enhance the value of portfolio companies through strategic initiatives and operational improvements. For more information, please visit www.millpoint.com.
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