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Announced

Completed

Tailwind Capital completed the acquisition of Onix Networking.

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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Acquisition

Majority

Friendly

Private

cloud consulting

Domestic

United States

IT Services: Other

Completed

Private Equity

Single Bidder

Synopsis

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Tailwind Capital, a private equity firm, completed the acquisition of Onix Networking, a cloud consulting services provider. Financial terms were not disclosed. “We are excited to partner with the Tailwind team to invest behind new ways to serve our customers. We look forward to expanding our service offerings and continuing to invest in talent to support our customers at all stages of their cloud transformation journeys," Tim Needles, Onix Founder.

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