Managed by Q, the workplace administration platform primarily based out of NYC, at this time introduced its acquisition of NVS.
Based by Jason Havens in 2011, NVS is an workplace area planning and undertaking administration service, serving to companies plan their strikes or workplace redesigns from begin to end. The corporate helps join with a community of brokers, architects, inside designers, and so forth. and handle the undertaking on behalf of their shoppers to make sure it stays on schedule and doesn’t find yourself costing greater than anticipated.
For Managed by Q, NVS gives an added service layer for current shoppers, and has the chance to deliver new shoppers into the Managed by Q fold.
This marks Managed by Q’s second acquisition, as the corporate acquired activity administration software program supplier Hivy in September 2017.
Managed by Q, based in 2014, has raised greater than $70 million by offering software program to assist workplace managers do their job. From IT assist to cleansing to workplace provides, Managed by Q provides a centralized ‘working system’ that connects workplace managers to varied distributors and companies.
The acquisition of NVS helps broaden Q’s product portfolio, whereas bringing in yet one more income stream. NVS already has a confirmed file of success, serving greater than 100 shoppers together with large names like CBS Radio, the NBA Gamers Affiliation, Glossier, Grovo, and Intent Media.
The phrases of the deal weren’t disclosed, however Teran confirmed that all the NVS group could be becoming a member of MBQ as a part of the deal.