New York, November 6, 2013 -- The only live marketplace for buyers and sellers of mid-market IT services companies opens for 24 hours on November 6th and 7th at the Grand Hyatt in New York City. Built around private one-on-one meetings between buyers and sellers in a secure setting, the Global IT M&A Forum has facilitated liquidity in excess of $350 million.
The format is simple and efficient: buyers can schedule up to nine private meetings with sellers -- each lasting 50 minutes.
IT segments represented include IT Services and Business Process Outsourcing (BPO), Big Data, IT Security, IT Supply Chain, Software and Software as a Service (SaaS). The Forum is sponsored by martinwolf Global M&A Advisors.
According to Kley Parkhurst, SVP of Corporate Development of ePlus Inc., “The Global IT M&A Forum assembles some of the finest mid-sized IT companies in North America. As a strategic buyer, it's incredibly efficient to meet with prospective acquisition targets all in one place within two business days.”
“As the only live marketplace for mid-market IT companies, the Global IT M&A Forum gives sellers a chance to have multiple meetings with some of the most qualified buyers and investors in our space,” said Tim Mueller, CEO of the Forum. “The main reason that deals do or don’t work is cultural fit. These face-to-face meetings enable buyers and sellers to see if there is a fit beyond what’s on paper before committing huge amounts of time and resources.
Added Mueller, “The Forum also fills a void by providing opportunities for mid-market IT companies in markets that have been historically underserved by large investment banks, large corporate buyers and other professionals.”
Among the strategic buyers participating in the upcoming Forum marketplace are Salesforce.com, Sverica, BeyondSoft and PC Connection. Private equity firms participating include Thomas H. Lee, RW Baird, and Lumis Partners.
A partial list of buyers is included below.
1. ASI Systems
2. Arrow S3
5. Computer Design & Integration
7. ECI Solutions
9. Evening Post Industries
14. PC Connection
17. Six Dimensions
18. Staffing 360 Solutions
2. RW Baird
3. Boathouse Capital
4. BV Investments
5. Clearview Capital
6. Culbro LLC
7. EOS Partners
8. H.I.G. Capital
9. Insight Partners
10. JMI Equity
11. Lumis Partners
12. Potomac Equity Partners
13. Red Oak Growth Partners
14. RW Baird
15. Serent Capital
16. Spire Capital
17. Technology Crossover Ventures
18. Thomas H. Lee Partners
19. TZP Group
20. WestView Capital Partners
About the Global IT M&A Forum:
The Global IT M&A Forum is an organized and efficient marketplace for companies seeking middle market IT mergers and acquisitions. By bringing together pre-qualified buyers and sellers for confidential face-to-face meetings over a two-day period, we facilitate and typically accelerate M&A transactions. Target sellers have an enterprise value less than $40 million.
Our inaugural Global M&A Forum was held in May 1998 in San Francisco. The Forum has since hosted marketplaces in Scottsdale, Las Vegas, Washington, D.C., San Diego and San Jose, CA.
To learn more about the upcoming marketplace, go to Global IT M&A Forum at http://www.itmandaforum.com/.