Evolution Capital Partners (“Evolution”) is pleased to announce its recent growth investment in NexTech Partners (“NexTech”). Nextech refurbishes and distributes globally used voice and networking products, as well as provides repair services, trade out programs, and manages e-waste disposal. This marks Evolution’s third investment in as many Funds.
“We are excited to partner with seasoned telecommunications industry veteran, Brad Cohen, to execute the next phase of NexTech’s growth,” said Brendan Anderson, Managing Partner and Co-Founder of Evolution. “Brad and the entire NexTech team bring a wealth of experience and industry expertise, and we are thrilled to have them as part of the Evolution network.”
“There is tremendous opportunity in the market to assist customers with their IT hardware lifecycle, and reduce overall spend, in an ever evolving technology landscape,” said Brad Cohen, Managing Director, NexTech. We are excited to partner with Evolution in this next stage of the company’s growth. With their help, we see opportunity to expand our offering into managed services, and reach industries not served today.”
In the near term, NexTech will be focused on sales and marketing expansion.
About NexTech Partners
Nextech Partners refurbishes and distributes globally used voice and networking products, as well as provides repair services, trade out programs, and manages e-waste disposal. NexTech represents a wide range of hardware manufacturers, including (but not limited to) Cisco, Extreme Networks, Avaya, HP, Polycom, Nortel, Meru Networks and Plantronics. This allows for objective recommendations of the best equipment to meet existing business needs. For more information, visit www.nextechpartners.com.
About Evolution Capital Partners
Evolution Capital Partners is a small business private equity fund investing growth equity nationwide in Second Stage Companies generating at least $500,000 of EBITDA. Evolution specializes in helping entrepreneurial businesses transform their organizations by providing a foundation for growth through its process, the Five Fundamentals, leveraging the time and energy of the business owner. For more information, visit www.evolutioncapitalpartners.com.
