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New Deal


Announced

ASTG to acquire MTM Technologies.

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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IT Services: Other

Pending

managed services company

Private

Domestic

Acquisition

Friendly

United States

Majority

Single Bidder

Synopsis

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ASTG, a tech-enabled managed services and solutions company, agreed to acquire MTM Technologies, an IT managed services company. Financial terms were not disclosed. "Our acquisition of MTM highly complements our overall services and solutions, in strategic alignment with our Technology Solutions as a Service innovation, for our valued clients. This investment represents yet another important compelling opportunity for ATSG as the market demand for our offerings across multiple industries is rapidly growing. The acquisition also adds to both our global delivery capacity and targeted in-market commercial presence," Anthony J. D'Ambrosi, ATSG CEO.

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