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Announced

Completed

Avesi-backed memoryBlue completed the acquisition of Operatix.

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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United Kingdom

Information / Data Services

Acquisition

Majority

Private Equity

Single Bidder

Sales Acceleration

Cross Border

Private

Completed

Friendly

Synopsis

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Avesi-backed memoryBlue, a sales development consulting firm, completed the acquisition of Operatix a sales acceleration services provider for B2B technology companies. Financial terms were not disclosed. "Our merger with Operatix represents a key strategic milestone for memoryBlue. Not only does Operatix represent our first acquisition, but the transaction enables us to serve technology clients across the globe and be their go-to partner for business development efforts across North America, LATAM, the public sector, and now EMEA and APAC. This global reach is a capability we have long sought but haven't been able to offer until now," Chris Corcoran, memoryBlue Managing Partner and Co-Founder.

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