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Announced

Completed

Converge Technology Solutions completed the acquisition of Accudata Systems.

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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Domestic

United States

Private

Completed

Auction

it consulting

IT Services: Other

it solutions

Majority

Friendly

Acquisition

data centre developer

Synopsis

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Converge Technology Solutions, a Hybrid IT services provider, completed the acquisition of Accudata Systems, an IT consulting and integration firm. Financial terms were not disclosed. The acquisition of Accudata adds extensive market and industry experience, deep customer relationships, and a highly-regarded organization to Converge's already substantial practice. "The increased capabilities, technology offerings, and nationwide coverage will deepen our skillset and create additional opportunities for our employees while delivering increased value to our customers. We look forward to what we can do for our customers present and future under the Converge umbrella," Patrick Vardeman, Accudata CEO.

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