AUGUST 24, 2026, GREENVILLE, SC – NewBold Technologies (“NewBold”), a portfolio company of Fort Point Capital, announced today that it has completed the acquisition of Spencer Technologies (“Spencer”), a leading technology services provider to specialty and big-box retail, grocery, and QSR brands.
The combination creates one of the top technology services providers in North America, with a client base spanning leading enterprise accounts across the retail, restaurant, convenience store, and warehousing sectors. For these accounts, the combination significantly deepens geographic coverage across North America, with an extensive W2 and Certified Contractor network of service technicians providing increased levels of support and response. Further, the combined platform will provide clients with deep subject matter expertise spanning point-of-sale, RFID, audio/visual, networking, and payments technology.
“This is a defining moment for our business,” said Johan Claassen, CEO of NewBold. “Spencer brings exceptional retail relationships, operational maturity, technical talent, and a project management capability that is best-in-class. Combined with NewBold’s payment device expertise and nationwide technician network, we have the platform to compete at the very top of our industry.”
“We are thrilled to be partnering with NewBold,” said David Strickler, CEO of Spencer, who will remain with the business in a consulting capacity. “Johan and his team have built a special business, and this combination will allow us to provide an even higher level of service to our customers, several of whom we have been working with for the last two decades.”
“Spencer is a natural extension of NewBold’s core Technology Managed Services practice, and we could not be more excited to welcome the talented Spencer team,” said Michael Duffy, Principal at Fort Point Capital. “The combined business will offer clients a single partner for technology procurement, deployment, support, payment device management, and lifecycle planning.”
Harbor View Advisors served as an advisor to Fort Point Capital and NewBold.
Read the full press release.
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