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Announced

Completed

Peak Rock-backed Acumera completed the acquisition of Reliant.

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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United States

Completed

Private

Majority

Friendly

Single Bidder

edge computing solutions

Acquisition

Private Equity

Digital Services

Domestic

Synopsis

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Peak Rock-backed Acumera, a provider of software-as-a-service solutions, completed the acquisition of Reliant, a provider of edge computing solutions for retail, hospitality, health care and convenience store enterprises. Financial terms were not disclosed. "Reliant represents an opportunity to invest in and leverage a strong, growing edge computing platform, as we continue to expand our technology/services offerings and product portfolio. Reliant’s edge computing solutions are a perfect complement to our network operation, visualization and security services. We look forward to partnering with Reliant’s impressive team and leveraging their integrated and scalable solution that converges new and legacy systems," Bill Morrow, Acumera CEO.

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