Technology Services + IT Consulting M&A 2023 Recap and 2024 Outlook
Solganick provides an update on the technology services and IT consulting industry sector. It covers the latest mergers and acquistions in the industry for 2023 and 2024 outlook.
IT Services M&A Update: Q4 2023 and 2024 Outlook Summary
Solganick & Co. summarizes 2023 M&A activity within the IT services industry sector and provides information regarding the upcoming environment for new deals. Cloud and data analytics partners are a priority to large strategic buyers.
Technology Services M&A Market Update
Investment bank, Solganick & Co., has published its latest M&A market report on the technology services industry sector. It covers the latest mergers and acquistiions within the IT services sector.
Transaction Announcement: Nextira Acquired by Accenture
Solganick & Co. (“Solganick”) is pleased to announce the successful completion of another sell-side transaction in its Technology Services M&A practice. Solganick served as the exclusive financial advisor for Austin-based, Amazon Web Services (AWS) Premier Services Partner, Nextira in its acquisition by global IT services and consulting leader, Accenture. Nextira leverages AWS to deliver cloud-native innovation, artificial intelligence (AI), machine learning (ML), predictive analytics, and immersive experience solutions for its clients in gaming, media, and entertainment industry sectors.
M&A Snapshot: Technology Services – Managed Services Providers (MSPs)
Solganick & Co. has published its latest M&A snapshot on the technology services industry sector, with a focus on managed services providers.
We are seeing private equity firms continue to invest in and consolidate the MSP sector. Demand for high quality assests are key with favorable financial metrics. According to Bain & Company, private equity firms are sitting on $3.7 trillion of “dry powder.”
Technology Services M&A Report February 2023
Solganick & Co. has issued its latest technology services M&A update report. It covers application partners, data analytics consulting, cloud partners, IT consulting and cybersecurity services firms.
Solganick & Co. served as the exclusive advisor to Waypoint Consulting in its sale to Wipfli
Top 20 accounting and consulting firm Wipfli has announced it has acquired data analytics solutions and services firm Waypoint. Solganick & Co. served as the exclusive M&A advisor to Waypoint.
M&A Flash – IT Services and MSP’s (November 2021)
Solganick & Co. has published its latest M&A flash report on the IT services industry. It covers the latest mergers and acquisitions transactions and valuation for the sector.
Solganick & Co. acts as exclusive financial advisor to VisualBI in its acquisition by Atos
Paris (France), July 27, 2021 – Atos today announces it has reached an agreement to acquire Visual BI Solutions, Inc., one of the leading and fastest growing firms focusing exclusively on Cloud Data Analytics and Business Intelligence in the US. Visual BI is a Snowflake Elite partner, Microsoft Gold Partner for Data & Analytics, Tableau, Qlik, Alteryx, and SAP partner. The company also supports the technology platforms from market leading partners such as Fishtown Analytics, Fivetran, Tableau, HVR Software, Qlik, Theobald Software and Alteryx.
Solganick & Co. advises Strata Information Group in its recapitalization with Fort Point Capital
Fort Point Capital, a Boston-based private equity firm, announced today that it has completed a recapitalization of Strata Information Group, Inc. (“Strata”, “SIG” or the “Company”) in partnership with the Company’s management team. Based in San Diego, California, Strata is a best-in-class provider of IT services to higher education institutions. The Company offers a range of services including software implementation, cloud migration, digital transformation, database administration and ongoing support services. The Company will continue to be led by Henry Eimstad and Frank Vaskelis, who co-founded SIG in 1987, operating as its President and Founding Partner, respectively.
