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Announced

Completed

Boathouse-backed Navint Partners completed the acquisition of Statera.

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

Majority

Completed

Friendly

Domestic

software development

Private

Single Bidder

Acquisition

Private Equity

Software

Synopsis

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Boathouse-backed Navint Partners, a consulting and technology firm, completed the acquisition of Statera, a premier Salesforce implementation firm. Financial terms were not disclosed. "Enterprises are struggling to operate against new revenue models and find themselves increasingly challenged to connect CPQ, Billing, CLM, ERP and revenue recognition. In order to enable true transformation, companies need to understand how to optimize their business processes and connect front and back office technologies," Jim Martindale, Navint CEO.

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