NewBold Technologies announced the completion of its acquisition of Spencer Technologies, enhancing its technology managed services. The merger creates one of the top technology services providers in North America, with a significant client base across various sectors. This acquisition deepens geographic coverage and strengthens service technician support for clients.
Company Information
Company
NewBold Technologies
Location
Greenville, South Carolina, United States
About
Founded in 1994, NewBold Technologies is a leading technology managed services provider, providing OEMs and multi-site enterprises with specialized deployment, integration, repair, and maintenance services for point-of-sale and automated identification and data capture equipment. NewBold also operates a PCI-compliant key injection facility, serving as a one-stop payment device solutions provider to end users and channel partners throughout the payments ecosystem.
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Predictive Intelligence
Strategic
ML-powered predictions for NewBold Technologies's next move
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed
Frequently asked
Who acquired Spencer Technologies?
Spencer Technologies was acquired by NewBold Technologies, based in Greenville. The deal was reported on August 25, 2026. NewBold Technologies is privately held and operates in Information Technology.
When did NewBold Technologies acquire Spencer Technologies?
NewBold Technologies's acquisition of Spencer Technologies was reported on August 25, 2026. NewBold Technologies announced the completion of its acquisition of Spencer Technologies, enhancing its technology managed services. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Spencer Technologies do?
Spencer Technologies is a leading technology lifecycle partner for multi-site retail and hospitality brands. It is privately held, operating in Hospitality, and is based in United States.
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Greenville