Spotlight

An archive of past spotlight issues.

 

The martinwolf team tracks noteworthy mergers and acquisitions, and offers
commentary on issues that impact our industry. Here is an archive of past

decor decor
"RSM, ServiceNow and our team of professional consultants will be a powerful combination for clients and for our people."

-Jerry Dolak, Rego EVP

martinwolf Represented RSM in its Acquisition of Rego Consulting’s ServiceNow Practice

martinwolf, a leading M&A advisory firm serving the middle market IT industry, announced that it represented RSM US LLP (“RSM”) in RSM’s acquisition of the ServiceNow practice of Salt Lake City-based Rego Consulting. RSM, the nation’s leading provider of audit, tax and consulting services focused on the middle market, announced the acquisition of the ServiceNow Elite-level practice from Rego Consulting in May, and the transaction officially closed on June 1, 2021. It marks martinwolf’s twelfth transaction in the past six months.

 

RSM’s announcement followed an agreement between RSM and ServiceNow to enable RSM to bring the platform’s enhanced digital workflow software solutions to its clients.

 

“We are thrilled to welcome Rego’s exceptional ServiceNow team to RSM at a time when digital business and workflow automation are more important than ever to our middle market clients,” said Brian Becker, consulting leader for RSM. “We have high client demand for ServiceNow solutions that can help our clients get ahead in an increasingly complex and competitive business environment, and our new colleagues will help us deliver the comprehensive solutions they need.”

 

Launched in 2016, Rego’s ServiceNow practice includes leading professionals throughout the U.S. who together have served hundreds of clients, including 60% of Fortune 100 companies, and who have performed more IT business management (ITBM) implementations than any other ServiceNow partner. Rego’s ServiceNow team, along with its track record and reputation for delivering high-quality service, complement RSM’s existing ServiceNow practice.

 

Jerry Dolak, executive vice president and ServiceNow business lead at Rego, will join RSM as a principal, aligned with RSM’s Detroit office. Rego’s team of ServiceNow professionals will strengthen the RSM ServiceNow practice across the U.S. and Canada.

 

“RSM, ServiceNow and our team of professional consultants will be a powerful combination for clients and for our people,” said Dolak. “We look forward to bringing ServiceNow’s innovative, productivity-enhancing solutions to RSM’s clients. We are equally excited to offer our current ServiceNow clients access to RSM’s full suite of consulting, audit and tax services and to RSM’s global resources that may benefit our clients who operate internationally.”

 

About RSM US LLP:

RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.

RSM US LLP is the U.S. member of RSM International, a global network of independent audit, tax and consulting firms with 48,000 people across 120 countries. For more information, visit rsmus.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.

 

About Rego Consulting:

Rego Consulting is a leading ServiceNow Elite-level services and consulting provider for IT Business Management (ITBM), and offers end-to-end services for IT Service management (ITSM), IT Operations Management (ITOM), Configuration Management Database (CMDB), Software Asset Management (SAM), and Customer Service Management (CSM). As an Elite ServiceNow partner, Rego has performed more ITBM implementations than any other ServiceNow partner. To learn more about Rego, visit www.regoconsulting.com.

previous post Back to Articles next post

24 Jan 2022

Tailwind Capital Sells AST Corp. to Recognize Partners

Financial Information ($USD) Not Disclosed  Transaction Details Tailwind Capital today announced it has completed its sale of AST Corporation to Recognize Partners, a technology services focused investment platform. Financial information was not disclosed. AST, a leading cloud and digital transformation solutions provider, simultaneously announced the deal, categorizing it as a strategic investment by Recognize to enable AST to accelerate investment in innovation,...

03 Jan 2022

Office Depot Sells CompuCom Systems

 Financial Information ($USD) Transaction Value: ~ $305 million Enterprise Value: $1.72 billion EV/LTM Revenue: 0.19x EV/LTM EBITDA: 3.85x  Transaction Details The ODP Corporation (NASDAQ: ODP) announced that it has sold its CompuCom Systems subsidiary to an affiliate of Variant Equity in a transaction valued up to $305 million. The transaction consideration of up to $305 million consists...

29 Dec 2021

Happy Holidays – The 2021 martinwolf Annual Letter

Dear Clients, Partners, and Friends of martinwolf M&A Advisors,   I hope you all are having an enjoyable holiday season with family and friends.   It’s been my tradition in this annual end-of-year letter to spend time reflecting on the past year, and to look forward to what the next year holds for us. We have plenty...