Announced
Completed
Financials
Tags
Private
Acquisition
Completed
technology solutions
IT Services: Other
it solutions
Private Equity
United States
Friendly
Single Bidder
Synopsis
Sentinel Capital Partners, a private equity firm that invests in promising companies in the lower midmarket, recapitalized New Era Technology, a technology solutions provider serving customers in the United States, the United Kingdom, New Zealand, and Australia. Terms of the deal were not disclosed. "As technology systems increase in complexity and the pace of technological change accelerates, organizations require integrated, flexible, and scalable solutions that incorporate a wide range of technologies. Partnering with Sentinel provides us a tremendous opportunity to continue our acquisition strategy, which complements our organic growth. The New Era team is excited to be working with a partner with Sentinel's experience and continue our successful partnership with Gemini." Joe Ewart, New Era's CEO.
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