IT Service firms are providers of computer, network and Internet-related consulting, design, management and programming services. While valuations for IT services technology companies are lower, on a relative basis, than SaaS and software companies, deal velocity in the sector is increasing for the right kinds of companies. Regional firms with scale, as well as smaller firms with high-value specializations, are in demand globally.
Announcement Date: March 17, 2014
Deal Value: Undisclosed
I think that the one thing that, as we looked at different firms to help represent us, one of the things that really hooked us, and I believe was still a big factor, was the fact that we had a firm who understood the software side of our business, a firm specializing in software, and I think that helped us immensely in the process because we weren't having to go in and educated a firm or broker on how to speak our language to potential buyers. I think that was one of the things that made an easier decision for us to select Corum in that process.
Clearview Staffing Software, Inc.