Quisitive to acquire Catapult Systems for $51.5m.

Quisitive Technology Solutions, a Microsoft solutions provider and payment solutions provider, agreed to acquire Catapult Systems, a IT consulting services firm, for $51.5m. “The combination of Quisitive and Catapult will bring together top providers to create one of the most preeminent partners in the Microsoft ecosystem. In addition to significantly elevating our cloud solutions value proposition, Catapult adds a complementary client base, highly talented human capital, and an attractive recurring revenue profile. The acquisition is perfectly aligned with our inorganic strategy, which is laser focused on acquiring companies like Catapult that augment our breadth of Microsoft capabilities, geographic reach, and intellectual property. We look forward to working with the Catapult team to leverage the attractive synergies and opportunities to capture an even greater share of the digital transformation market,” Mike Reinhart, Quisitive CEO.