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New Deal


Announced

Completed

Pfingsten completed the acquisition of Omega Systems Consultants.

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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Single Bidder

Majority

IT Services: Other

Private

it infrastructure

Acquisition

Completed

it services

Private Equity

United States

Friendly

Domestic

Synopsis

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Pfingsten, an operationally oriented private equity firm focused on building better businesses, completed its acquisition of Omega Systems Consultants, a provider of IT services. Financial terms were not disclosed. "We started to pursue a platform investment within managed IT services over 18 months ago and Omega is a perfect match to our criteria. We look forward to building upon Omega’s success with additional support and resources and actively pursuing strategic add-on acquisitions," Phillip Bronsteatter, Pfingsten Managing Director.

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