Pet Minuta d.o.o. of Croatia and its U.S. subsidiary, Five Minutes Studio, Inc. (together “FIVE”) have been acquired by Endava Plc (NYSE: DAVA). FIVE, based in Brooklyn, NY, and Croatia, is a leading digital agency offering a full spectrum of services, including product strategy, the design, build and delivery of digital experiences, and ongoing product growth marketing. FIVE partners with clients to create new revenue streams and applies a results-focused approach to grow digital product revenues and user engagement while lowering acquisitions costs to achieve long-term product success. Through its scientific/metrics-driven approach to product design, FIVE has delivered transformational value for some of the world’s most prominent brands and enterprises. To learn more about this transaction, please click here.
Proven Industry expertise
We’ve helped dozens of clients attract a broad range of partners and buyers that helped increase their value through M&A. Following are some of our recent transactions.
Kettle, a digitally-native creative and technology agency, has been acquired by Code and Theory, one of the leading digital and creative agencies in North America and a portfolio company of Stagwell Group. Headquartered in NYC with offices in San Francisco and Los Angeles, Kettle offers an unmatched combination of creative, content and campaign production, and eCommerce and digital services to Fortune 500 brands. Kettle has worked with industry-leading brands including American Express, Discover, Glossier, National Geographic, Oakley, SoFi and ZocDoc, as well as a number of disruptor brands across the ecommerce, financial services, media and entertainment, and retail categories. To learn more about this transaction, please click here.
BIAS Software, an innovative Washington-based provider of cloud-based accounting software for local public agencies has been acquired by Springbrook, a leading provider of fully integrated, cloud-based software for local governments. This is Springbrook’s first add-on acquisition since becoming a portfolio company of Accel-KKR, a leading technology-focused investment firm. BIAS Software provides a fully integrated financial management system for local governments. “At its core, BIAS was founded to serve the needs of local governments and that focus hasn’t changed in nearly three decades,” said BIAS co-founders Mark Felchlin and Wes Hein. “Like the several hundreds of small agencies and special districts that we work with in Washington, local governments provide the essential services – including public safety, health and human services, public works, transportation and infrastructure – that we all depend on every day. Now as part of the Springbrook family, we are excited about the prospect of helping more agencies in the Pacific Northwest region do the same.” To learn more about this transaction, please click here.
Exxeno LLC has been sold to Hussmann Services Corporation, a Panasonic company, for an undisclosed amount. The assets acquired will provide Hussmann a cloud-based Software-as-a-Service (SaaS) monitoring and analysis solutions to reduce the total cost of operating commercial refrigeration systems. Hussmann CEO, Tim Figge, commented that it is Hussmann’s goal to create value for the customer. This acquisition will assist retailers in reducing their overall maintenance and energy spend via data driven solutions and the connected store. To learn more about this transaction, please click here.
Defakto, a marketing technology agency that specializes in creating connected customer experiences leveraging the Adobe Experience Cloud, has been acquired by Ansira, one of the largest independent marketing agencies in North America backed by global private equity firm Advent International. Headquartered in Dallas, Defakto offers an unmatched combination of strategic consulting, customer experience design, technology enablement and implementation of key marketing technology platforms including Adobe Experience Cloud, Magento, Marketo, Salesforce, Oracle Eloqua and others to deliver authentic customer experiences that connect with today’s evolving consumer. Defakto is the latest in an ongoing list of digital transformation and digital agency transactions that MergerTech has advised on in recent years. To learn more about this transaction and others, please click here.
Infield Digital, a leading digital experience consultancy with offices in San Francisco, Denver and Berlin, has been acquired by HS2 Solutions, an award-winning digital brand experience agency. The acquisition deepens HS2’s commitment to be the leading independent Adobe Experience Cloud provider as well as strengthens its ability to deliver personalization in complex eCommerce transactional environments. To learn more about this transaction, please click here.
Raizlabs, a fast-growing mobile innovation and emerging technologies agency, has been acquired by Rightpoint, one of the largest independent customer experience agencies in North America backed by private equity group Stella Point Capital. Raizlabs’ team of world-class product design and technology talent helps marquee brands envision and deliver innovative products that transform clients’ businesses and industries. To learn more about this transaction, please click here.
Natoma Technologies, a technical consulting firm and systems integrator specializing in software & application development for federal, state and local government agencies, has been acquired by Red River, a preeminent technology transformation and integration firm focused on business and government clients. Natoma helps clients leverage commercially available technologies and develop custom solutions to improve work processes, reduce costs and enhance service levels to make government work more effectively and efficiently. To read more, click here.
PointSource, a high-growth digital transformation agency, has been acquired by one of the fastest-growing digital technology services companies in the world, Globant. PointSource’s team of 90+ highly skilled professionals bring together business strategy, marketing, design, and technology to create innovative digital solutions that transform clients and industries. To read more, click here.
Serent Capital, a San Francisco-based private equity firm focused on investing in high-growth technology and services businesses, has made a growth investment in Pondera Solutions (Pondera), the leading software solution for combatting fraud, waste, and abuse in large government programs. To read more, click here.
Community resource platform FRONTSTEPS (Formerly “Community Investors, Inc.”), a CIP Capital portfolio company, has completed its acquisition of iHomefinder. iHomefinder is a leading national provider of real estate search technology and websites. Using the Internet Data eXchange (IDX) standard, iHomefinder powers thousands of real estate websites, partnering with a wide array of web designers to develop custom integrated solutions. The iHomefinder product will be integrated with FRONTSTEPS’ existing Real Pro Systems technology, with the two brands operating under the iHomefinder name. To read more, click here.
Prolific Interactive, a highly innovative Brooklyn based mobile design and strategy agency, has sold a strategic minority interest to global full service digital experience design agency Critical Mass, an Omnicom company. Prolific’s talented team of designers and engineers have created groundbreaking mobile apps for some of the globe’s most exciting brands, including Saks Fifth Avenue, SoulCycle, American Express, and Sephora. Click here to read more.
A Sharp Inc. (d/b/a A Plus), a positive digital journalism company founded by actor and investor Ashton Kutcher, has sold a majority stake to Chicken Soup for the Soul, LLC. A Plus is a social and mobile-first platform that uses proprietary technology to develop and distribute stories and articles to millions of people worldwide. To learn more, please click here.
Eleven Wireless, a highly innovative Oregon software company with a cloud-based platform for managing guest Wi-Fi service in hotels, cruise ships and other visitor-based networks, has sold its business center division to Uniguest, a leading provider of fully-managed technology solutions for the hospitality market. Click here to read more.
Andrew Yorra, CSO of Eleven
ArcTouch Inc., a leading full-service mobile design and development company, has been acquired by the global marketing communications company Grey Group, a WPP company. ArcTouch’s team of designers and developers transforms ideas into app experiences for a wide range of connected “things” you hold in your hand, wear on your wrist, and use in your home and car. To learn more, please click here.
Eric Shapiro, CEO of ArcTouch
Atheer, the company pioneering the AiR™ (Augmented interactive Reality™) computing platform, has announced an agreement to acquire ONtheGO Platforms. Using computer vision and proprietary algorithms, ONtheGO is the provider of Ari™, a gesture recognition software that turns any mobile device with a standard camera into a gesture interface. To read more, click here.
Ryan Fink, CEO of ONtheGo Platforms
Serene Corporation, a leader in Oracle Customer Relationship Management (CRM) and Master Data Management (MDM) implementation services, has announced that they have been acquired by AST Corporation, an award-winning Oracle Systems Integrator. To learn more, please click here.
RideScout, the leading mobile app that allows users to search and compare ground transportation options on demand, has acquired GlobeSherpa, a market leader in mobile solutions for public transportation with mobile book-and-pay ticketing in several major US markets, such as Portland, San Francisco and Chicago. Terms of the agreement were not disclosed. To learn more, click here.
Nat Parker, CEO of GlobeSherpa
MDC Partners Inc. (NASDAQ: MDCA; TSX: MDZ.A) announced that it has taken a strategic partnership interest in award-winning digital and mobile agency Y Media Labs. Recently named one of America’s Most Promising Companies by Forbes, Y Media Labs has since grown into one of the most highly recognized full-service mobile and interactive firms in the country. To read more, click here.
Ashish Toshniwal, CEO of Y Media Labs
Springbrook Software has been acquired by Accela. Based in Portland, OR, Springbrook offers the leading cloud-based financial software for local government and will anchor the Finance & Administration solution suite for the Accela Civic Platform. Together the two companies provide a complete civic platform for government, designed to automate and simplify workflow, engage citizens and improve communications and transparency. To read more about this transaction, click here.
Steve Rementeria, CEO of Springbrook Software
AppThwack, a startup that developed a web service for testing out mobile sites and mobile apps on real iOS and Android devices, has been acquired by public cloud market leader Amazon Web Services. Terms of the deal weren’t disclosed. To read more, click here.
Granite Business Solutions, Inc. dba Evolve Technology Group (“Evolve”), a leading provider of IT solutions, has been acquired by ePlus Technology Inc., a subsidiary of ePlus, Inc. (NASDAQ NGS: PLUS), a leading integrator of technology solutions. Located in Sacramento, CA, Evolve provides information security, collaboration, virtualization and data center solutions to an established customer base of state, local and educational institutions (SLED), as well as commercial enterprises. To read more, please click here.
SERUS Corporation, a market leader in extended supply chain management (SCM) for high tech companies, has been acquired by E2Open, the leading provider of cloud-based solutions for collaborative planning and execution across global trading networks. By combining SERUS’ robust technology with the E2open Business Network, the company extends its dominance in the high tech supply chain with the addition of technology for design for manufacturing, contracts and compliance, as well as early stage visibility in the semiconductor and technology-driven discrete manufacturing industries. To read more, please click here.
Hari Menon, CEO of SERUS Corporation
WeoGeo, a technology company that makes geospatial data easy to find and consume, is being acquired by Trimble, a global leader in positioning technologies. As the only complete solution that solves the critical problem of finding and acquiring geospatial data quickly and efficiently, WeoGeo is a natural fit for Trimble, which makes technology that collects the world’s most precise geospatial data and converts it into actionable information. To read more, please click here.
Paul Bissett, CEO of WeoGeo
HPM Networks announced that it has signed a definitive agreement to be acquired by CANCOM, one of the largest independent IT services providers in Europe. The merged company will continue to serve customers as a global leader in cloud computing and integrated IT services, with HPM Networks becoming the foundation to bring CANCOM’s cloud computing solutions to the U.S. market. To read more, please click here.
Romi Randhawa, CEO of HPM Networks
Simple, the Portland, Oregon company that’s reinventing personal banking with a new standard for customer experience and its people-first approach, announced that it is joining the global BBVA family of businesses. Simple offers its customers everything they need to spend smarter and save more. Click here to read more.
Josh Reich, CEO of Simple
Health Elements, LLC, a leader in medically supervised weight loss, today announced the acquisition of WellnessFX, Inc., the leader in technology and services that clinicians and consumers can use to digitally collect, explain, and track personal health data. The combined entity will offer health providers and individual patients a range of personalized health services and products, including capabilities in blood testing and other diagnostic tools that can be used to develop more effective health and wellness strategies. Please click here for more details.
Jim Kean, Founder and former CEO of WellnessFX
Mutual Mobile Inc., a mobile product development agency, has sold a minority interest to WPP Digital, the digital investment arm of WPP. Mutual Mobile builds technology products for its clients that allow for better communication and transacting across any mobile devices and all operating systems, wherever the consumer may be. Please click herefor more details.
John Arrow, CEO of Mutual Mobile
CenturyLink, Inc. (NYSE: CTL) announced it has enhanced its Savvis Cloud suite through the acquisition of AppFog, Inc., a fast-growing Platform-as-a-Service provider used by more than 100,000 developers – with hundreds joining daily – who have deployed more than 150,000 applications. Please click here for more details.
Lucas Carlson, CEO of AppFog
Systech Integrators, Inc.®, an SAP channel and services partner global IT solutions provider, has been acquired by Softtek, founder of the nearshore industry and leading global IT services provider dedicated to maximizing the value of applications. This acquisition will further strengthen Softtek’s SAP qualifications by adding capabilities for cloud, mobility solutions, and the SAP HANA® capabilities as well as cross-process and industry domain expertise to its solutions portfolio. Please click here for more details.
Sam Tyagi, CEO, Systech
Axium Software, the Portland, Oregon based financial and project management software company, has been acquired by 2ndWave Software. Founded more than twenty years ago, Axium is a leading software vendor in the Architecture & Engineering sector. Please read more for more details.
Alan Mills, CEO, Axium
Redlands, California, and Portland, Oregon—Esri, the world’s leader in geographic information systems, announced that it has acquired Geoloqi, a powerful platform for next-generation location-based services (LBS). Geoloqi will merge its staff and product capabilities into Esri’s existing geospatial platform and launch a new Esri Research and Development (R&D) Center in Portland, Oregon, where Geoloqi is headquartered. Terms of the agreement were not disclosed. For more details, please read more.
Amber Case, CEO of Geoloqi
TEKsystems Global Services, LLC®, a subsidiary of TEKsystems, Inc. (TEKsystems), a leading provider of IT staffing solutions, IT talent management expertise and IT services, reached an agreement to acquire Frontline Consulting Services (FCS) Inc., a global integration services firm with core capabilities in Oracle BI/EPM, Oracle ERP, Oracle Fusion Middleware and Software AG/WebMethods technologies. FCS will join TEKsystems Global Services, which delivers managed, project-based and outsourced IT services. Since its founding in 1996, FCS has grown into the largest Oracle Business Intelligence (BI) integration partner in the United States. For more details, please read more.
Greg DeLuca, SVP of TEKsystems
Project Leadership Associates (PLA), a leading national provider of business and technology consulting services, announced it has acquired Vital Networks, a provider of managed services and outsourced IT solutions with offices in Sacramento, San Francisco, Boston and Seattle. The acquisition, terms of which were not disclosed, will build upon PLA’s current solution offerings and allow Vital Networks to extend the reach of solutions and services it can offer its customers. Read more.
Doug Heestand, CEO of Vital Networks
CrowdCompass, a leader in creating mobile applications for business and association events has been acquired by Cvent, the world’s largest cloud-based provider of event management solutions. The purchase of the company will enable Cvent to offer a cutting-edge solution that will accelerate the popularity of meetings and events, and enhance communications between attendees via social media. Read more.
Tom Kingsley, CEO of CrowdCompass
Onepath Systems LLC, a Trivest portfolio company, has acquired Greensboro, NC-based Confiance IP Solutions, Inc. The acquisition brings together two established and respected names in the technology industry to expand their product offering and better serve their customers. Read more.
ePlus inc. today announced that its subsidiary, ePlus Technology, inc., acquired Pacific Blue Micro (PBM), a Cisco-focused solutions provider located in Irvine, CA, on February 25, 2012. As a result of the acquisition, ePlus expands its existing presence in Southern California and adds enhanced Cisco capabilities to complement its existing Data Center, Borderless Networks, Collaboration, and Managed Services practices and solutions. Details of the transaction are not being disclosed. Read more.
SweetSpot Diabetes Care, Inc., a health information technology (HIT) company focused on improving the use of data in the treatment of diabetes, has been acquired by Dexcom, Inc. (NASDAQ: DXCM). SweetSpot has an advanced cloud-based platform for uploading and processing data and specializes in turning raw output from patient devices into powerful information for healthcare providers, patients and researchers. SweetSpot is based in Portland, Oregon, and will operate as a wholly owned subsidiary of San Diego based Dexcom. Read more.
Chris Logan, CEO of SweetSpot Diabetes Care
Small Society, a full service agency that delivers mobile strategy and product development services for mobile applications, has been acquired by @WalmartLabs, a part of Wal-Mart Stores, Inc. Based in Portland, Oregon, Small Society has significant expertise in mobile app design that integrates consumer insights, business objectives, and market analyses into cohesive mobile app strategies for the iOS(TM), Android(TM), and other platforms. Founded in 2009, the company has built mobile apps for some of the world’s largest brands. Details of the transaction were not announced.
Raven Zachary, President, Small Society
Bunker Hill Capital, a Boston based private equity firm, announced that it has made an investment in DeyFischer Consulting, a leading SAP consulting firm specializing in global large enterprise solution architecture and implementation services. The transaction represents the second investment under a consolidation strategy focused on building a leading “emerging technology-centric” SAP services firm. DeyFischer provides platinum-level functional and technical consulting services to Fortune 500 companies utilizing SAP in the retail, consumer products, and agriculture industries. The investment was made through Bunker Hill Capital’s portfolio company, /N SPRO, and will enhance and accelerate the rapid growth of DeyFischer’s services. The Company’s founders will become significant shareholders in the combined company, and the management team will continue in their current roles. Read more.
Tom Dey, President of DeyFischer Consulting
ePlus inc. (Nasdaq:PLUS – News) has announced that its subsidiary, ePlus Technology, inc., has acquired the operating business of NCC Networks, Inc. (NCC), a security-focused solutions provider that operates a Security Operations Center (“SOC”). With the acquisition, ePlus expands its information security capabilities, providing a wider variety of security risk assessments including vulnerability, web application, wireless, and cloud-based security assessments, and gains a new branch operation in the Chicago metropolitan market.
Earl DeFrates, CEO/General Manager, NCC Networks Inc.
Computer Design & Integration LLC (CDI) has acquired Atlanta-based managed service provider Radical Support to dramatically expand its cloud computing capabilities. The acquisition enables CDI to deliver a complete suite of ongoing, proactive support and maintenance for its clients’ infrastructure through public, private and hybrid cloud service models. CDI, with its corporate headquarters in Teterboro, N.J., provides comprehensive and innovative IT services that solve complex business challenges. Founded in 1995, more than 85 percent of its clients hail from the financial services, healthcare, pharmaceutical, and retail industries. Atlanta IT services leader Radical Support, has been in business since 1996 and was ranked in 2009 by Inc. magazine as one of the nation’s fastest-growing private companies.
HomeAway, Inc., the worldwide leader in online vacation rentals, announced the acquisition of Second Porch Inc., a vacation rental site that enables homeowners and professional managers to market vacation homes to travelers through their social network on Facebook. With the Second Porch technology and team, HomeAway® intends to accelerate the integration of social features across its network of sites to provide an additional word-of-mouth marketing channel to its customers. Read More.
Brent Hieggelke, CEO of Second Porch
GCI Systems, a provider of technology solutions, has been acquired by GSS Infotech, a pioneer in providing Managed IT Services. GCI, based in the Twin Cities, has been providing customized, affordable technology solutions to businesses since 1988. GSS Infotech has established itself as a preferred partner for IT services to over 200 Fortune customers, and offers world class services propelled by industry experts and a vast pool of professionally qualified work force operating across the globe. GCI Systems will operate as a wholly-owned subsidiary of the parent company. Details of the transaction were not announced.
Velocé Group, a leading provider of IT Training and Consulting, has been acquired by GSS Infotech, a pioneer in providing Managed IT Services. Based in St. Paul, Minnesota, Velocé Group provides instructor-led training solutions for Symantec, Red Hat, VMware, and Hitachi Data Systems. GSS Infotech, founded in 1999 and head quartered at Hyderabad, India, has established itself as a preferred partner for IT services to over 200 Fortune customers worldwide, spanning Telecom, Banking and Financial Services, Insurance, HealthCare and Retail and Government organizations. GSS Infotech offers world class services propelled by industry experts and a vast pool of professionally qualified work force operating across the globe. Details of the transaction were not announced.
Logicalis Group, the international IT and Communications solutions integrator, has acquired Network Infrastructure Corporation (NIC), a Phoenix, Arizona-based Cisco Gold Partner. NIC provides network consulting and IT services to the K-12 education, state and local government, gaming, and hospitality markets across the Southwestern United States. NIC’s proven model for delivering wireless, security, and video services will provide a platform for Logicalis to expand on those capabilities on a national level. The Logicalis Group is a division of Datatec Limited, a $4 billion revenue business listed on the Johannesburg and London AIM Stock Exchanges.
Logos Communications Systems, Inc. has been acquired by Black Box Corporation(NASDAQ:BBOX). Logos, a privately-held company headquartered in Westlake, OH, is a silver certified Cisco partner with advanced specializations in unified communications, wireless LAN, routing & switching and security. Black Box is a leading technical services company dedicated to designing, building and maintaining today’s complicated data and voice infrastructure systems. Black Box services more than 175,000 clients in 141 countries with 195 offices throughout the world. Read more.
D&D Consulting has been acquired by Technology Capital Inc., effective June 24, 2010. D&D Consulting, Ltd. is an IT consulting company specializing in IT infrastructure including networks, systems, storage, information security and virtualization. Technology Capital Investors is a multi-faceted investment and management group that concentrates on IT Outsourcing companies. Together, D&D Consulting and TCI will deliver cost effective and resilient infrastructure solutions at an enterprise level. Details of the transaction were not disclosed.
Invisible IT, Inc. has been acquired by Milestone Technologies Inc., the parties announced on January 27th, 2010. Invisible IT, located in Mountain View, California, is a provider of Cisco collaboration solutions among other complex IT offerings and a broad array of Professional and Managed Services. Milestone Technologies is the established leader in IT infrastructure services for many leading technology providers around the world. Both companies are well respected within their IT service markets, and both have important expertise for the combined IT service company. Details of the transaction were not disclosed.
Premier Consulting Group has been acquired by Advent Global Solutions Inc., as of January 4, 2010. Premier is a consulting firm with a strong focus in PeopleSoft, Oracle, SAP, JD Edwards and Microsoft Great Plains implementation solutions. Advent Global is a leading IT services provider on SAP and other technologies. Advent has acquired all of the stock of Premier and additional details of the transaction were not disclosed.
Madhu Madhavan, CEO of Premier Consulting Group
Data Systems Worldwide, Inc. has sold certain assets to SARCOM, Inc., a wholly-owned subsidiary of PC Mall, Inc. (NASDAQ:MALL), as of December 15, 2009. DSW, primarily a provider of converged Cisco solutions in the western United States, has practice areas in managed and professional services and Cisco Intelligent Networks, Facilities, Datacenters and Security, with a focus on Unified Communications and Connected Real Estate. Details of the transaction were not disclosed.
Percentix has sold selected assets to Prithvi Percentix, Inc. Percentix is a high-end consultancy focused on Oracle Hyperion EPM and BI solutions. Announced November 19, 2009, terms of the transaction were not disclosed.
Thomas Antunez, CEO of Percentix
ATEC Group has been acquired by GSS America Infotech Limited, the companies announced November 9, 2009. ATEC Group is a leading provider of virtualized data center solutions and specializes in infrastructure resource optimization (IRO). GSS America is a leading Global IT Services company, focused on providing scalable and cost-effective IT Solutions using a Global Delivery Model. ATEC Group’s name and structure will remain unchanged but it will operate as a wholly-owned subsidiary of the parent company. The details of the transaction were not announced.
All Covered, Inc. and Reece Computer Systems announced their merger, effective June 1, 2009. All Covered is the nation’s leading provider of computer networks and support for small business. Reece Computer Systems builds and supports Smarter Networks® for small businesses in the Bay Area. The details of the transaction were not announced.
JDMi has sold certain assets to ASI System Integration. ASI System Integration, a leading New York City-based solution and services provider, has acquired certain assets of JDM Infrastructure LLC, a Chicago-based solution provider. The acquisition was completed, March 31, 2009. The terms of the deal are undisclosed.
ISSI Data, a privately-held company headquartered in the Seattle, WA area has been acquired by Media Recovery, a leading datacenter products and services company. ISSI Data is a recognized national reseller and direct marketer of information security and storage infrastructure solutions. The acquisition was completed, October 1st. The terms of the deal are undisclosed. Read more.
Technical Installation Personnel, LLC, a systems technical services company, has agreed to the acquisition of selected assets by Eagle Family Investments, the parent of several technology products and services companies serving the telecommunications and audio-visual integration sectors. Terms of the transaction were not disclosed. Read more.
Network Architects, Inc., a Cisco-focused solution provider and consulting firm has agreed to the acquisition of certain assets and liabilities by ePlus Inc. (OTC:PLUS-PK), leading provider of technology solutions. Terms of the transaction were not disclosed. Read more.