Network Coverage Acquires Novawatch, Expanding Cybersecurity Capabilities with 24/7 Managed Detection and Response

Envoy Capital Advisors announces the acquisition of Novawatch by Network Coverage, backed by Tenex Capital Management

Details

Network Coverage (“NetCov”), a leading managed IT solutions provider with over 30 years of industry expertise, today announced the acquisition of Novawatch, Inc., a specialized cybersecurity firm and recognized Top 250 MSSP offering Managed Extended Detection and Response (MXDR), penetration testing, and vulnerability management services.

Envoy Capital Advisors served as exclusive buy-side financial advisor to Network Coverage on the transaction.

This strategic acquisition marks a significant step forward in Network Coverage’s mission to deliver comprehensive, AI-driven IT and cybersecurity solutions to its 50,000+ supported users. By integrating Novawatch’s 24/7 threat monitoring, advanced SOC capabilities, and deep expertise in managed detection and response, Network Coverage further solidifies its position as a full-service technology partner capable of addressing the full spectrum of its clients’ IT and security needs.

The combination creates a uniquely integrated managed IT and cybersecurity platform, offering clients end-to-end protection – from proactive threat detection and incident response to compliance management, cloud security, and AI-driven advisory services. Novawatch’s capabilities in MXDR, cloud managed security, penetration testing, and dark web monitoring complement Network Coverage’s existing managed IT, cloud, compliance, and AI service lines.

About Network Coverage

Network Coverage (NetCov) is a full-service managed IT solutions provider with over 30 years of experience delivering managed IT, cybersecurity, cloud, advisory, compliance, and AI services. Headquartered in Baltimore, MD, with offices in New York, Baltimore, New Jersey, Washington D.C., and Fort Worth, TX, NetCov supports more than 50,000 users across industries including AEC, financial services, credit unions, defense contracting, private equity, and nonprofits. For more information, visit www.netcov.com.

About Novawatch

Novawatch is a specialized cybersecurity firm offering 24/7 Managed Extended Detection and Response (MXDR), penetration testing, vulnerability management, cloud managed security, and approved scanning vendor (ASV) services. Recognized as a Top 250 MSSP and named Rapid7’s North America MSSP Partner of the Year, Novawatch serves clients across financial services, education, government, hospitality, retail, and manufacturing. Headquartered in Scottsdale, AZ, Novawatch operates around the clock to protect its clients from evolving cyber threats. For more information, visit www.novawatch.com.

About Envoy Capital Advisors

Envoy Capital Advisors is a boutique investment bank headquartered in Charlotte, North Carolina, specializing in M&A advisory, capital advisory, and private equity services for middle-market companies. Envoy focuses on the technology services sector, including managed service providers, cybersecurity, software, cloud services, and digital engineering. The firm is dedicated to delivering bespoke advisory services that combine deep industry expertise with personalized client attention. For more information, please visit www.envoycapitaladvisors.com.