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New Deal


Announced

Completed

24 Seven completed the acquisition of The Cydio Group.

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 States

IT staffing

application development

web design

software engineering

information security

data warehouse

IT Services: Other

Acquisition

Completed

Friendly

Single Bidder

Majority

Private

Domestic

Synopsis

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24 Seven, a provider of digital marketing and human capital recruitment services, completed the acquisition of The Cydio Group, a company that brings first-hand IT knowledge and experience to the IT staffing industry. Financial terms were not disclosed. "We're thrilled to join 24 Seven, as this acquisition signifies an extraordinary new chapter in our journey. By combining our expertise in IT staffing with 24 Seven's extensive global reach in the digital marketing and creative industries, we can provide unparalleled – and integrated – talent solutions to any business navigating the rapidly evolving digital landscape," Curt Sterling, The Cydio Group Co-Founder.

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