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Announced

Mowery & Schoenfeld to merge with Xamin.

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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Private

United States

information technology services

Single Bidder

Friendly

IT Services: Other

Pending

Acquisition

Merger

Majority

Synopsis

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Mowery & Schoenfeld, a Chicago area accounting and consulting firm, agreed to merge with Xamin, which offers managed IT services to financial institutions. Financial terms were not disclosed. “We are very excited to have the high-quality professional firm Xamin join forces with Mowery & Schoenfeld. In an ever-changing world, we will be able to help our clients find technology solutions and provide a high level of security for their operations,” Jeff Mowery, Mowery & Schoenfeld Co-Founder and Managing Partner.

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