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.
Flagship Solutions Completes Merger with Data Storage Corporation
Data Storage Corporation (Nasdaq: DTST) (“DSC” and the “Company”), a provider of diverse business continuity, disaster recovery protection and cloud solutions, today announced it has completed the previously announced merger of Data Storage FL, LLC, a wholly-owned subsidiary of the Company, with and into Flagship Solutions, LLC (“Flagship”), with Flagship surviving as a wholly-owned subsidiary of the Company. Flagship’s Chief Executive Officer Mark Wyllie will continue as CEO of the new Flagship subsidiary following the Merger, and has joined DSC’s Board of Directors.
Solganick & Co. has advised iXerv Americas and iXerv LAC in its acquisition by The Silicon Partners (“TSP”)
The Silicon Partners, Inc. (“TSP”) is pleased to announce that it has signed a definitive agreement to acquire iXerv Americas (“iXerv”), a pan-Americas SAP SuccessFactors services provider with SAP Recognized Expertise and Gold Partnership status, to provide SAP Human Experience Management (HXM) business transformation and Qualtrics management services along with its current SAP S/4HANA, Robotic Process Automation (RPA), Artificial Intelligence (AI) and Machine Learning (ML) professional services and solutions.
Solganick & Co. Advises Flagship Solutions Group in its merger with Data Storage Corporation
Solganick & Co. was the exclusive advisor to Flagship Solutions Group in its merger with Data Storage Corporation.
Solganick & Co. serves as exclusive advisor to Lone Star Analysis in its investment by HCAP Partners
October 31, 2019 – HCAP Partners, a San Diego-based mezzanine debt and private equity firm, announced today its investment in Lone Star Analysis, a Dallas-based provider of predictive and prescriptive data analytics and analysis. Terms of the transaction were not disclosed. Solganick & Co. was the exclusive advisor to Lone Star Analysis in this transaction. […]