Diverse Technology Solutions, Inc.
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Diverse Technology Solutions, Inc. - overview
Established
1998
Location
Islip Terrace, NY, US
Primary Industry
IT Infrastructure
About
Diverse Technology Solutions, Inc. is a specialized provider of Managed IT Services, Cybersecurity, and Digital Transformation solutions aimed at enhancing operational efficiency for businesses across various sectors. Diverse Technology Solutions, Inc. focuses on delivering innovative technology solutions to enhance business operations.
Founded in 1998 and headquartered in Islip Terrace, US, the company was acquired by Ntiva, Inc. in March 2019, although the financial terms remain undisclosed. The founder's specific history is not available, and there are no known pivots in business strategy or changes in operations. Diverse Technology Solutions, Inc.
specializes in providing comprehensive Managed IT Services, IT Consulting, Cybersecurity, and Digital Transformation solutions designed to support growing businesses. Their core offerings include 24/7 monitoring and management of IT infrastructures, cybersecurity solutions, and cloud services that optimize organizational operations. The company targets various end-use cases, including ensuring cybersecurity compliance, facilitating seamless employee onboarding and offboarding, and enhancing operational efficiencies through digital solutions. Their client base primarily consists of small to medium-sized enterprises in sectors such as healthcare, finance, legal, and manufacturing, focusing on markets across the United States.
Diverse Technology Solutions, Inc. operates primarily through a subscription-based revenue model that provides clients access to ongoing IT support and services. Clients typically engage with the company via service agreements encompassing various product offerings, including Managed IT Services and Cybersecurity solutions, delivering a structured approach to IT management. The pricing for individual services is proprietary, designed to cater to the diverse needs of businesses, with options for both standard packages and custom solutions.
By focusing on B2B relationships and long-term partnerships, the company aims to foster strong client loyalty and drive revenue growth through reliable and efficient technology services. The company's strategic plans for future growth include the design and launch of new products aimed at expanding their service offerings. Specific details on release dates are not provided. Plans for expansion are focused on entering new geographic regions within the United States, with identified target markets yet to be specified.
The recent acquisition of Diverse Technology Solutions, Inc. by Ntiva, Inc. in March 2019 will support these initiatives, although the precise utilization of funding from this deal is not disclosed.
Current Investors
Ntiva, Inc.
Primary Industry
IT Infrastructure
Sub Industries
IT Infrastructure, Systems Management Software
Website
www.diverse-technology.com
Verticals
Cloud Computing, Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Diverse Technology Solutions, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Diverse Technology Solutions, Inc. | - |
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Diverse Technology Solutions, Inc. - employee data


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