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 gained a true understanding of our company and then went out and found the right type of potential buyers, companies that we would have never found on our own. Once a suitable buyer was established, Corum guided us carefully through the complex M&A process. Ultimately, Corum helped us to not only achieve our financial goals, but to exceed them.