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New Deal


Announced

Completed

HKW completed the acquisition of CMIT Solutions.

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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Completed

United States

Private

IT Services: Other

Single Bidder

Majority

Private Equity

Friendly

Domestic

it solutions

Acquisition

Synopsis

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HKW, a middle-market private equity firm, completed the acquisition of CMIT Solutions, an IT services firm. Financial terms were not disclosed. “HKW shares our goal of accelerating our company’s growth while creating more value for our clients. Their expertise and support will be instrumental as we achieve the next phase of our maturity through new initiatives in marketing, sales, and operations, including adding centralized fulfillment capabilities," Roger Lewis, CMIT CEO.

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