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New Deal


Announced

Completed

Quad-C Management completed the acquisition of a majority stake in Synoptek.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

digital transformation

Majority

United States

Friendly

Digital Services

Acquisition

Domestic

Single Bidder

Private Equity

Completed

Synopsis

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Quad-C Management, a private equity firm, completed the acquisition of a majority stake in Synoptek, a digital transformation advisory and consulting firm. Financial terms were not disclosed. “As customers move to cloud platforms, Synoptek has grown its capabilities to deliver more value and Quad-C’s investment will be instrumental in our continued organizational expansion. This investment will enable us to grow and extend our service offerings for clients as well as create new and strategic career opportunities for our team. The partnership is a strong fit for us both," Tim Britt, Synoptek CEO.

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