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New Deal


Announced

Red River acquired CWPS.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Acquisition

Pending

Private

Management Consulting

Friendly

consulting agency

Single Bidder

Synopsis

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Red Riverr, a technology transformation company, acquired CWPS, a technology solutions provider specializing in managed services ranging from complex network, collaboration, data center, cloud management and security through Tier 1 service desk. Financial terms were not disclosed. “The need for managed services platforms that can scale to meet the dynamic requirements of government, military and commercial organizations is high,” said Rick Bolduc, CEO and Chairman, Board of Directors with Red River. “With the addition of CWPS, its people, leadership team, systems and past performance, Red River is well positioned to take advantage of this growing opportunity.”

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