Prior to joining New Charter Technologies, ADNET CEO Christopher Luise aspired to be a part of something larger but was looking for a unique opportunity that would make a material difference to ADNET’s clients, team members, and the wider market.
Luise understood the challenges of trying to scale organically on a local or regional level but didn’t want to end up in a place where ADNET would become assimilated into a larger organization at the expense of its people-focused culture.
Only a few months after making the decision to partner with New Charter and Oval Partners, ADNET’s clients, partners, and team members are seeing the power of the platform. “Now our clients are seeing the power that we can really bring to the table with as much breadth and depth that New Charter has across the board,” said Luise.
The human aspect of this type of acquisition can be easily lost, and Luise was excited about the ability to maintain ADNET’s autonomy, culture, and most importantly its people.
“The results matter because of our employees and because of all the different perspectives and experiences,” Luise said. “A collective of knowledge is extremely powerful. In a typical private equity deal, those are the people that are expendable. At New Charter, we have people that are focusing on building, solidifying and growing this community. Where else do you find that?”