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Announced

Completed

Norwest Equity Partners completed the acquisition of Coretelligent from Veronis Suhler Stevenson.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Friendly

Majority

Completed

Private Equity

Private

it support

United States

Domestic

Acquisition

Single Bidder

cybersecurity

Software

Synopsis

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Norwest Equity Partners, a private equity firm in Minneapolis, completed the acquisition of Coretelligent, a provider of computer support and services in Westwood, Massachusetts, from Veronis Suhler Stevenson, a private investment firm. Financial terms were not disclosed. "It is with the utmost gratitude we thank VSS for their continued support for a successful partnership over the past 5 years. Their support has helped us build a robust, best-in-class offering in the fragmented MSP market," Kevin J. Routhier, Coretelligent President and CEO.

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