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New Deal


Announced

Completed

Avance-backed RIA Advisory completed the acquisition of TMG Consulting.

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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digital technology

Digital Services

Domestic

Majority

Private

Private Equity

United States

Acquisition

Completed

Friendly

Single Bidder

Synopsis

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Avance-backed RIA Advisory, a revenue management solutions provider, completed the acquisition of TMG Consulting, an advisory and professional services firm. Financial terms were not disclosed. "We are thrilled to announce this merger, which will provide our clients with the most innovative and comprehensive revenue management solutions available to the market today. Combining the strengths of RIA Advisory and TMG will result in a more comprehensive array of product and service offerings for our clients. We are excited to bring together two teams of highly skilled professionals with shared values and a complementary culture to continue driving innovation and delivering exceptional value to clients," Saket Pabby, RIA Advisory CEO.

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