Information Technology News

Salesforce Market Insights

The M&A market for companies in the Salesforce Partners program is reaching a critical inflection point. Competition is growing more intense, as the number of available firms shrinks, raising already-high valuations for those that remain independent. At the same time, proposed capital gains tax hikes make it imperative for potential sellers to consider doing deals as soon as possible.

FOCUS Investment Banking Represents Chenega Corp. in sale of ADG Creative to Proximas Group

ADG Creative, a wholly owned subsidiary of Chenega Corporation, has been acquired by Proximas Group Washington, DC, (April 5, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Chenega Corporation, an Alaska Native corporation, has sold ADG Creative LLC, a Columbia, Maryland-based strategic communications and creative services firm, to Proximas Group, a family of companies that serves the U.S. defense industry. FOCUS represented Chenega in this transaction.

FOCUS Investment Banking Represents Stonebridge Consulting in its Acquisition by Sierra Digital

Stonebridge Consulting, LLC has been acquired by Sierra Digital Inc. Washington, DC, (February 25, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that Stonebridge Consulting, a privately-held technology solutions provider to energy industries, has been acquired by Sierra Digital, Inc., a Houston-based specialist in digital transformation. FOCUS represented Stonebridge Consulting in this transaction.

Managed Service Providers: Part 2

As we discussed in the previous blog, there is a growing trend of small and medium-sized businesses outsourcing their IT functions to Managed Service Providers, or MSPs, for reasons of cost, time efficiency and technology support and expertise. While the MSP sector is large, highly profitable and growing rapidly, it’s also highly fragmented, with more than 20,000 companies in North America offering a wide variety of IT services. That creates M&A opportunities for MSPs looking to expand their menu of services, increase market share and diversify revenue streams.

FOCUS Investment Banking Represents PixelMEDIA in its Recapitalization by BV Investment Partners

PixelMEDIA has been recapitalized by BV Investment Partners Washington, DC, (January 21, 2021) – FOCUS Investment Banking (“FOCUS”), a national middle market investment banking firm providing merger, acquisition, divestiture and corporate finance services, announced today that PixelMEDIA, LLC (“Pixel”), a digital commerce services firm dedicated to helping brands launch, manage and grow their ecommerce business on Salesforce, has received an investment from BV Investment Partners, a middle-market private equity firm focused on tech-enabled business services, software and IT services. FOCUS advised PixelMEDIA in the transaction.