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New Deal


Announced

Completed

eGroup completed the acquisition of Enabling 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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Private

United States

Completed

Friendly

cloud services

Single Bidder

Acquisition

Software

software developer

Majority

Domestic

Synopsis

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eGroup Holding, an IT solutions and managed services provider, completed the acquisition of Enabling Technologies, a cloud services provider. Financial terms were not disclosed. “I am extremely thrilled and eager to join forces with Mike Carter and his outstanding team at eGroup. Our alliance with eGroup creates a juggernaut in the Microsoft ecosystem and will pay major dividends for our highly regarded associates and global clients going forward. This new chapter in our 30-year history is a continuum of our quest to take our business to greater heights and new destinations," Bill Vollerthum, Enabling President and CEO.

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