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October 18, 2011

MW Tracker Spotlight

KPMG LLP acquires Optimum Solutions Group, LLC

 

Financial Overview:

 

Transaction Value: N/A                   Transaction Structure: N/A

 

MW Highlights

  • Optimum is a fit for KPMG's growth strategy and complements other KPMG investments in the business transformation space, including KPMG's recent acquisition of EquaTerra in February.
  • Optimum's focus on Oracle's latest Fusion Human Capital Management (HCM) product suite, a key set of applications in Oracle's product strategy, allows KPMG to take advantage of the current developments in the HCM space.
  • Similarly, the Big 4 accounting firms are increasingly stepping up to pursue acquisitions that allow them to enhance their practices in the management and IT consulting space as they face both domestic and international competitors. Optimum represents KPMG's second acquisition in the space this year, while Ernst & Young has completed ten.
  • Martin Wolf expects more deals to occur in the IT consulting space as the competition heats up from the need for more expertise, talent and customers.

 

Press Release:

Please click here to read the press release.   

 

Martin Wolf  was not a financial advisor in this transaction. To learn more about this transaction or our firm, contact Yousif Abudra at yabudra@martinwolf.com  or (925) 215-2760.   

About Martin Wolf  

 

Based in Silicon Valley, Martin Wolf is a leading middle market M&A Advisory focused on companies with services-based business models. Since 1997, our team has completed more than 100 transactions in six countries. We are a five-year member of the Merrill Lynch PS Referral Network, and were selected as ICICI Bank's (India's leading private bank) exclusive strategic partner for acquiring U.S. IT companies. For more information, visit www.martinwolf.com.

   

September 30, 2011

SPS, a leading Unified Communications Provider, announced that Court Square Partners has made an investment in the company. Martin Wolf advised SPS in this transaction. SPS is a premier unified communication services integrator, ranked 131 on the 2011 VAR 500 list with 2010 sales of $143 million. Court Square is a $4B+ New York-based PE Group, with more than 150 lifetime investments.  

Please click here to view the announcement. 

      

September 20, 2011  

Accel-KKR, a technology-focused private equity investment firm, announced that it had taken a majority stake in Infinisource. Infinisource is a leading benefits administration technology and services company. Martin Wolf advised the seller in this transaction.  

Please click here to read more.  

 

March 11, 2011

SS&C Technologies (NASDAQ: SSNC) announced that it had acquired Glastonbury, Connecticut-based BenefitsXML. BenefitsXML is a leading provider of enterprise software and SAAS solutions for employee benefit service providers. Martin Wolf advised the seller in this transaction.  

Please click here to read more.



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