Case Study

Visual BI Acquired By Atos

has been acquired by

Solganick & Co. advises a successful sell side transaction for data analytics IT consultant, Visual BI in its sale to European-based, digital transformation and cybersecurity leader, Atos.

About Visual BI

Visual BI is a data analytics IT consulting firm with offices in Dallas and India. The Company is a Snowflake Elite Partner and provides cloud data management and integration services.

Situation

The founder of Visual BI selected Solganick & Co. to assist in evaluating and executing its M&A plans after the Company received an unsolicited offer.
The Solganick & Co. team was confident in its ability to leverage its deep domain expertise and relationships to procure multiple, high-quality offers in excess of the initial offer received by the Company.

About Atos

Atos is a global leader in digital transformation with 111,000 employees and annual revenue of c. € 11 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 69 countries.

Outcome

Solganick & Co. conducted an efficient, focused and highly competitive M&A marketing process involving potential financial and strategic buyers.
Several highly-qualified parties expressed interest and submitted compelling offers.
After discussions and preliminary negotiations with numerous groups, ATOS/MavenWave ultimately put forth the most compelling offer.
Solganick was able to increase the upfront cash amount by 50% and total valuation by 25%.
Through the transaction, Visual BI’s founders were able to maximize cash at close with a very attractive market driven transaction multiple.
The transaction was announced in July 2021 and closed the following month in August 2021.

Case Study

Visual BI Acquired By Atos

About Visual BI

About Atos

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