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
Corum not only helped me identify a variety of buyers for my technology, ranging from dot.com startups to established blue chip firms, but also provided invaluable counsel on the strengths and weaknesses of the various potential acquirers. Their experience in the Internet market helped me negotiate a very successful outcome.