Managed By Q acquires NVS to offer space planning and project management

Managed by Q, the workplace administration platform based mostly out of NYC, as we speak introduced its acquisition of NVS.

Based by Jason Havens in 2011, NVS is an workplace area planning and mission 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 on. and handle the mission on behalf of their purchasers to make sure it stays on schedule and doesn’t find yourself costing greater than anticipated.

For Managed by Q, NVS offers an added service layer for present purchasers, and has the chance to convey new purchasers into the Managed by Q fold.

This marks Managed by Q’s second acquisition, as the corporate acquired task management software provider 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 presents a centralized ‘working system’ that connects workplace managers to numerous distributors and providers.

The acquisition of NVS helps broaden Q’s product portfolio, whereas bringing in one more income stream. NVS already has a confirmed report of success, serving greater than 100 purchasers 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 workforce can be becoming a member of MBQ as a part of the deal.

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