Category: News Room

12 Jul 2021

martinwolf Represented Promevo in Strategic Growth Investment by Cohere Capital

Scottsdale, Arizona (July 12, 2021) – Cohere Capital, a Boston-based private equity firm focused on investing in leading tech-enabled middle market companies, announced that it has made a strategic growth investment in Burlington, Kentucky-based Promevo.   Promevo was represented by martinwolf, a leading M&A advisory firm serving the middle market IT industry. It marks the firm’s...

01 Jul 2021

martinwolf Represented Vicom Infinity and Infinity Systems Software in Acquisition by Converge Technology Solutions

Scottsdale, Arizona (July 1, 2021) – Converge Technology Solutions Corp. (TSX:CTS)  (FSE:0ZB) (OTCQX:CTSDF) a software-enabled IT & Cloud Solutions provider, announced it has signed definitive agreements to acquire Vicom Infinity, Inc. and Infinity Systems Software, Inc.   Vicom Infinity and Infinity Systems Software were represented by martinwolf, a leading M&A advisory firm serving the middle market...

25 May 2021

martinwolf Promotes Michael Rosholt to Associate

martinwolf M&A Advisors (martinwolf) today announces the promotion of Michael Rosholt to Associate.   “Michael is a good example of how talent combined with a strong work ethic pays off. His consistent performance has made martinwolf a better firm since joining in 2019,” said martinwolf President Tim Mueller. “Promoting Michael was one of the easier decisions we’ve had to make.” Rosholt,...

05 May 2021

martinwolf Promotes Matthew Putzulu to Chief Operating Officer of IT ExchangeNet

SCOTTSDALE, ARIZONA, May 5, 2021 — martinwolf M&A Advisors (martinwolf) today announces the promotion of Matthew Putzulu to Chief Operating Officer of IT ExchangeNet (ITX).   “Matthew has worked with a wide array of martinwolf clients during the last nine years, and exceeded our expectations at every turn,” said Tim Mueller, President of martinwolf. “He...

15 Apr 2021

KKR to Acquire Ensono in $1.7 Billion Deal

Financial Information ($USD) Enterprise Value:    $1.7 Billion Transaction Details Global investment firm KKR & Co, Inc. (NYSE: KKR) is acquiring leading hybrid IT services provider Ensono from private equity firms Charlesbank Capital Partners and M/C Partners. While financials have not been disclosed, the transaction is valued at $1.7 billion inclusive of debt, according to Reuters....

12 Apr 2021

Microsoft Acquires Nuance in $19.7 Billion Deal

Financial Information ($USD) Enterprise Value: $19.7 Billion EV/LTM Revenue: 13.97x EV/LTM EBITDA: 89.55x   Transaction Details Microsoft (Nasdaq: MSFT) today announced that it will acquire Nuance Communications, Inc. (Nasdaq: NUAN) in an all-cash transaction valued at $19.7 billion. Nuance, a speech recognition and artificial intelligence company, will be acquired for $56.00 per share, approximately 23%...

05 Apr 2021

Global, United States and Cross-border M&A Break Q1 Records

Global, United States and cross-border M&A hit all-time highs in the first quarter of 2021, with private equity accounting for 19 percent of global deal-making. According to Axios, each category bested all-time Q1 marks as global M&A topped $1.3 trillion.   martinwolf President Tim Mueller has witnessed similar growth trends.   “The M&A market has...

02 Apr 2021

Marty Wolf Interviewed on SYNNEX/Tech Data Merger Implications

martinwolf Managing Partner Marty Wolf was interviewed in SearchITChannel regarding the implications of SYNNEX’s (NYSE: SNX) $7.2 billion merger with Tech Data. Wolf explained that private equity will continue to play a major role in the IT distribution space with this merger coming on the heels of Platinum Equity’s acquisition of Ingram Micro.   “The...