Buchanan Technologies Acquired by Private Equity Firm Lightview Capital

Buchanan Technologies, a major managed IT services provider (MSP), is being acquired by private equity firm LightView Capital, the companies confirmed today.

Financial terms were not disclosed. martinwolf’s LMM Group, an M&A advisory firm serving the middle-market IT industry, advised Buchanan on the deal.

LightView Capital has considerable experience in and around the MSP market. The private equity firm previously owned then sold NexusTek, another well-known MSP, to Abry Partners.

Read the full article here.

previous post Back to Articles next post

16 Jul 2021

Platinum Equity Acquires Ingram Micro

*Financial Information ($USD) Enterprise Value:         $7.2 Billion EV/FY20 Revenue:      0.15x Transaction Details Platinum Equity announced that it has completed the acquisition of Ingram Micro Inc. from HNA Group. Ingram Micro’s total enterprise value in the transaction was $7.2 billion, including $5.9 billion in equity value Ingram will retain CEO Alain Monié and...

13 May 2021

NWN Corp. Acquires Carousel Industries

Financial Information ($USD) Not Disclosed Transaction Details NWN Corporation, a leading Cloud Communications Service Provider (CCSP), announced yesterday that it will acquire fellow solutions provider Carousel Industries. Financial terms of the deal were not disclosed. New State Capital Partners, majority stakeholder of NWN since 2015, is backing the transaction which will form a combined company...

13 May 2021

Softchoice Files for IPO

Announcement Details Softchoice Corporation, a leading technology solutions provider in North America, announced yesterday that it has filed a preliminary prospectus for an initial public offering. Softchoice’s common shares will be traded on the Toronto Stock Exchange, although the number of shares and price have not yet been disclosed. Before Toronto-based Softchoice was taken private in...