Mergers and Acquisitions

IT consulting and talent solutions firm Eliassen Group has acquired Foothills Consulting Group (FCG) to enhance its growth strategy.

Channel partner M&A and MSP deal is valued at 6.25X to 9.1X annual EBITDA, depending on various earn-out targets & associated financial achievements.

Latest Ernst & Young (EY) acquisition may boost systems integration, development and migrations expertise for Central California government agency clientele.

Vergence Solutions further expands robotic process automation (RPA), application development & managed IT services capabilities.

DEX Imaging, the digital document imaging arm of Staples, acquires Kyocera partner Gulf Business Systems (GBS). Office equipment dealer buyouts remains steady.

Convergence Networks, backed by private equity firm Riverside Partners, buys SWAT Systems. MSP continues cybersecurity & communications services expansion.

Wavenet, a Cisco Systems partner by private equity firm Macquarie Capital, continues to acquire MSPs & cybersecurity consulting firms.