IBM completed the acquisition of 7Summits from Sverica Capital Management.

IBM completed the acquisition of 7Summits, a Salesforce digital solutions consultancy, from Sverica Capital Management, a private equity firm. Financial terms were not disclosed. ”7Summits is a special organization – one with a clear mission, a rich culture, and tremendous momentum. The company’s success is not only a tribute to Paul’s compelling vision and boundless energy, but also the deep expertise and tireless dedication of the entire 7Summits team. Partnering with Paul and 7Summits has been a delight, and with both bittersweetness and excitement I wish them a happy journey with IBM,” Ryan Harstad, Sverica Partner.