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Announced

Completed

Mainline Information Systems completed the acquisition of Axcelinno.

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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Majority

Domestic

Friendly

Private

it consultancy

United States

IT Services: Other

Single Bidder

Completed

Acquisition

Synopsis

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Mainline Information Systems, a provider of IT solutions and services, completed the acquisition of Axcelinno, a global IT consultancy and professional services company. Financial terms were not disclosed. “As we work with our clients to help them modernize their IT environments, three initiatives are high on their lists: efficiently utilizing cloud, automating processes, and mitigating risks. The acquisition will enable us to deliver more robust modernization solutions, targeted at those three critical needs,” Jeff Dobbelaere, Mainline CEO.

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