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New Deal


Announced

General Informatics to acquire CMS IP Technologies.

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

Acquisition

Private

Single Bidder

United States

Friendly

it services

technology solutions

Majority

Pending

IT Services: Other

Synopsis

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General Informatics, an IT managed services provider and network infrastructure company, agreed to acquire CMS IP Technologies, a technology solutions provider. Financial terms were not disclosed. “We are very excited to begin working with the team at CMS and continue to grow our geography and services portfolio. With offices in Beaumont, Lufkin, Livingston, and Pueblo, we will have a much broader reach to service the Texas and Colorado markets,” Don Monistere, General Informatics CEO and President.

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