Techvera

Denton, Texas, United States Information Technology Acquired

Techvera is a Denton, Texas-based managed service provider (MSP) delivering managed IT, cybersecurity, IT consulting, email security and VoIP services to small and medium-sized businesses, primarily in the Dallas-Fort Worth market. Originally founded in 2001 as a computer repair shop called 'Geek on Wheels' by the father of current CEO Reese Ormand, the company pivoted to managed services in 2015 and rebranded as Techvera. In June 2020 Techvera acquired the MSP division of CIMA Solutions Group. On August 31, 2021, Techvera was acquired by New York-based MSP and IT support platform Electric (electric.ai); the company now operates as 'Techvera, an Electric company.'

Acquired

Techvera has been acquired

Acquired by Electric (electric.ai) August 31, 2021 Undisclosed

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2001

Employees

11–50

Total Funding

Undisclosed

Leadership

  • Reese Ormand

    Chief Executive Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Integris

    Multi-region MSP offering managed IT, cybersecurity, IT consulting and cloud services to mid-market businesses, including in the DFW area.

  • Sagiss

    Las Colinas, Texas-based managed IT and cybersecurity provider supporting North Texas businesses since 1997.

  • Aeko Technologies

    Fort Worth-based MSP delivering managed IT, cybersecurity and cloud services to SMBs across the DFW and Oklahoma City regions.

  • The Fulcrum Group

    Dallas-Fort Worth managed IT services provider focused on strategic IT support, cybersecurity and cloud services for SMBs.

  • DKB Innovative

    Frisco, Texas-based MSP serving SMBs in the northern DFW suburbs with managed IT and cybersecurity services.

  • IT GOAT

    Dallas-based MSP offering 24/7 help desk, proactive monitoring and managed IT services to SMBs.

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