Nova Advisory Expands Horizons with TLC Technologies Acquisition to Boost OneStream Services

Nova Advisory, a prominent financial advisory consultancy and a distinguished OneStream Diamond Partner, recently announced its strategic acquisition of TLC Technologies, an esteemed Platinum OneStream implementation partner based in Bethlehem, Pennsylvania. This merger is poised to significantly enhance Nova's service capabilities and broaden its geographical footprint throughout North America.

With the acquisition, Nova Advisory is now equipped with over 20 OneStream-certified architects and a wealth of proprietary planning and managed service solutions, effectively expanding its client engagement across the United States, Canada, and Latin America. TLC Technologies has built a robust reputation over its eight years as a reliable OneStream partner, known especially for its commitment to client service and its innovative proprietary planning solution, NorthStar.

Stephanie Cramp, Senior Vice President of Global Alliances at OneStream, expressed her enthusiasm about the merger, highlighting the significant advantages of combining two reputable partners who share a commitment to client-focused service. According to her, this partnership reflects a deliberate approach towards strategic growth that will fortify the OneStream ecosystem while enhancing service delivery to clients.

Nova Advisory has established itself as a leader in finance advisory services over the last two decades. The company specializes in OneStream implementations while also providing comprehensive advisory services that cater to a diverse roster of clients. In addition to OneStream implementations, they offer SMART, a premium managed services solution which includes dedicated OneStream administrators to ensure proactive support for clients.

The integration of TLC’s NorthStar with Nova's SMART service creates a powerful platform for enterprise finance teams seeking advanced, strategic OneStream solutions. Tom Foley, President and CEO of TLC Technologies, alongside John Ambrose, EVP of Business Development, will retain vital leadership positions within the newly formed organization, emphasizing continuity for both clients and team members.

In an optimistic outlook, Nate Coate, CEO of Nova Advisory, reiterated the shared values and client-centric visions of both companies, reinforcing their robust teamwork and deep expertise in OneStream services. This acquisition is expected to elevate operational quality, increase scale, and ignite innovation in financial consultancy.

Foley also weighed in on the alignment between the two organizations, stating that Nova's depth in the industry and its highly skilled team will facilitate further growth for TLC Technologies without compromising their core values and culture. For clients, this merger promises enhanced value and increased opportunities as the two companies work synergistically to meet their needs.

The announcement has generated significant interest in the industry, with plans for a joint presentation at the upcoming 2025 OneStream Splash conference in Nashville, Tennessee. Under their unified branding, clients can anticipate insightful discussions about the advanced capabilities and innovative solutions that this partnership will deliver.

Overall, this acquisition not only signifies a strong advancement for both companies but also sets a new standard in delivering high-quality financial advisory and consultancy services across North America. Clients can look forward to enhanced comprehensive solutions and dedicated services driven by the combined expertise of Nova Advisory and TLC Technologies as they step into a new era in financial consultancy service delivery.

Topics Business Technology)

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