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New Deal


Announced

Diabsolut to acquire Foundry52.

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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Pending

Majority

Single Bidder

United States

salesforce

digital solutions

Acquisition

Friendly

Cross Border

Digital Services

Private

Synopsis

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Diabsolut, a business consulting and technology implementation partner, agreed to acquire Foundry52, a consulting firm specializing in billing and revenue implementations on the Salesforce Platform. Financial terms were not disclosed. "We are thrilled to be joining forces with Diabsolut. The alignment of our cultures, capabilities, and experiences provides a unique and compelling opportunity for our clients and people and transforms us into a formidable partner in the Salesforce ecosystem. With our combined end-to-end Salesforce delivery capabilities, clients can expect a full breadth of solutions from Campaign to Cash including FinancialForce's Professional Services, Supply Chain, Billing and Accounting back-office applications, all built on the Salesforce platform," Mark Anderson, Foundry52 CEO.

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