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Business Observer Tuesday, Mar. 25, 2014 5 years ago

LabTech ventures overseas in expansion

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The IT company has opened an office in London to accommodate its growth.

TAMPA — As it passed a milestone of 3 million units sold, LabTech announced that it has opened a new office in London and promoted three executives within the organization to accommodate its growth.

“We have been laser focused on helping IT service providers achieve growth and profitability through IT automation, and this commitment has allowed us to achieve key milestones as a company,” Matt Nachtrab, CEO of LabTech, says in a statement.

According to its statement, the firm has promoted Adam Slutskin to senior vice president of worldwide sales, Steve Farnan to director of account management and Kerri Dienhart to director of business development.

The Tampa-based company's platform allows IT service providers to manage their clients' IT systems remotely. LabTech has experienced quick growth since relocating its headquarters in 2010 to Tampa. In 2012, the company grew revenues to more than $23 million, and in 2013 Nachtrab was chosen as a Business Observer Entrepreneur of the Year finalist.

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