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Net at Work
Net at Work was founded in 1996 by Alex and Edward Solomon as a technology consultancy focused on accounting and business management software.
Net at Work
Net at Work was founded in 1996 by Alex and Edward Solomon as a technology consultancy focused on accounting and business management software. Over nearly three decades the firm grew organically into a full-service provider of enterprise resource planning, human capital management, and customer relationship management systems, primarily serving mid-market companies. The firm operates as a hybrid — part systems integrator, part software publisher, and part holding company for acquired technology businesses. The firm's strategy centers on direct acquisitions of software resellers, independent software vendors, and managed service providers. Key practice areas include Sage, NetSuite, Acumatica, and Microsoft Dynamics ERP implementations, alongside HR platforms such as UKG and Paylocity. Notable acquisitions include Alliance Solutions Group (a Sage and Acumatica partner), enosix (an SAP integration vendor), and a series of healthcare-focused technology firms that expanded the firm's footprint into clinical workflow and patient engagement systems. The firm operates across North America, with its primary office in New York and a secondary presence in Mississauga, Ontario. Net at Work employs hundreds of professionals across its consulting, development, and managed services divisions, though a precise headcount is not publicly disclosed. The firm also operates Net at Work Healthcare, a dedicated vertical focused on long-term care, behavioral health, and human services agencies. In May 2024, the firm announced the acquisition of enosix, deepening its integration capabilities between SAP and front-end CRM systems (per the firm's official communications). Philanthropically, the founders maintain a separate charitable vehicle, the Net at Work Charitable Foundation, which supports education and community development initiatives. The firm's structural differentiator is its dual identity as a channel partner to major software publishers and a consolidator of those very channel partners. Acumatica and Sage resellers that might otherwise sell to private equity platforms instead join Net at Work, where they gain access to shared development resources and a mature offshore delivery capability. This model creates an unusual exit path for founder-owned IT consultancies that prefer integration into an operating company over a financial sponsor's roll-up.
General information
Firm type
Asset Manager
Year founded
1996
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
New York, NY, United States
Additional offices
Mississauga, ON, Canada
Principals
Alex Solomon
Co-President
Edward Solomon
Co-President
Sector focus
Frequently asked questions
Who runs investment and acquisition decisions at Net at Work?
Co-Presidents Alex and Edward Solomon lead the firm's acquisition strategy alongside a corporate development team. The brothers jointly approve all platform and add-on acquisitions, maintaining founder control over the firm's capital allocation without external investment committee oversight. Day-to-day integration is handled by practice directors who report to the co-presidents.
How does Net at Work source acquisition targets?
The firm sources targets almost entirely through its existing software partner ecosystem — chiefly Sage, Acumatica, Microsoft, and UKG channel networks. As a leading reseller itself, Net at Work encounters potential acquisitions during joint sales pursuits, user conferences, and partner advisory boards. This relationship-based pipeline reduces reliance on intermediaries and allows the firm to approach founders before a formal sale process begins.
Is Net at Work a single family office or does it operate as a traditional private equity firm?
Net at Work does not clearly fit either category. It is a privately held operating company that uses its own balance sheet to acquire peer consultancies and software firms, without raising outside funds or charging management fees. The Solomon brothers have not disclosed the existence of a formal family office structure, though the closely held nature of the firm and its acquisition activity suggest elements of a family-backed investment vehicle embedded within an operating business.
Does Net at Work make minority investments or only full acquisitions?
Public records indicate Net at Work exclusively pursues controlling-stake acquisitions. The firm integrates acquired companies into its operational platform, rebranding and consolidating back-office functions. There is no evidence of minority investment activity, venture-stage funding, or participation in external pooled investment vehicles.
Which sectors does Net at Work explicitly avoid?
The firm has not publicly disclosed exclusionary criteria, but its acquisition history is tightly concentrated in business software reselling and healthcare technology services. Net at Work appears to avoid sectors outside B2B technology services, including consumer software, hardware manufacturing, and non-tech business services. No acquisitions have been recorded in fintech, energy, or industrial technology.
How is Net at Work Healthcare related to the parent company?
Net at Work Healthcare operates as a dedicated division within the firm, not a separate legal entity. It focuses on EHR, practice management, and clinical workflow software for long-term care, behavioral health, and human services organizations. The division was built through acquisitions of healthcare-specific technology consultancies, including the 2021 acquisition of a Sage Intacct partner serving nonprofits and health agencies (per Accounting Today, 2021).
What is the firm's known posture on co-investments alongside external parties?
Net at Work has not co-invested with external financial sponsors in any publicly recorded transaction. The firm's acquisition structure — balance-sheet funded, no outside equity — precludes the need for co-investment partners. Founders of acquired firms may retain minority equity or earn-out structures, but these are seller-financing arrangements rather than institutional co-investments.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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