Atlanta, GA, (April 23, 2018) – FOCUS Investment Banking, a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, announced today that FutureTech Holding Company (FTH) has acquired Emergys, LLC through its subsidiary Accscient, LLC in partnership with Alaris USA, Inc. FOCUS represented FTH in this transaction.
FTH, established in 2005 and based in Peachtree Corners, GA, is a leader in IT and IT enabled services with strategic holdings in the financial, technology and healthcare sectors.
Emergys, established in 1998 and headquartered in Raleigh, NC, has offices in Canada, Mexico and India, and is a leader in SAP enterprise solutions, IBM business process management, business intelligence and analytics and digital transformation solutions and services.
Sravan Vellanki, Chairman & CEO of FTH said, “We have clients in the financial, technology and healthcare sectors, and the acquisition of Emergys enables FTH to bring innovative, cloud and digital transformation solutions to our clients, making us a go-to partner for all of their IT, ITES and digital needs.”
Manan Shah, FOCUS Partner and IT Team Co-Leader added that “Emergys was a natural fit to FTH with their global delivery model and strong competencies in SAP, cloud and digital transformation solutions. We are pleased to have put together this transaction.”
George Shea, Focus Partner and IT Team Co-Leader commented that “This acquisition is highly accretive both operationally and financially. Emergys adds significant new, complementary capabilities to the FTH family of companies and will be an excellent addition for FTH.”
*These testimonials may not be representative of the experience of all clients; testimonials are not a guarantee of future performance or success.
About FOCUS Investment Banking LLC
With more than three decades of experience, FOCUS Investment Banking is a trusted name in M&A advisory services worldwide. FOCUS works to understand each client’s strategic and financial objectives, craft the best plan to achieve these goals, and deliver success. Whether helping to sell, buy, or raise capital, FOCUS strives to maximize the value of every transaction to the benefit of its clients. Securities transactions conducted by FOCUS Securities LLC, an affiliated company, registered Broker Dealer member FINRA/SIPC. For more information on FOCUS and its IT practice, please visit www.focusbankers.com/technology.
