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New Deal


Announced

Completed

Cornell Capital-backed S.i. Systems completed the acquisition of Elign 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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United States

consulting services

Majority

workforce solutions

Acquisition

Cross Border

Management Consulting

Completed

Private

Friendly

Single Bidder

Synopsis

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Cornell Capital-backed-S.i. Systems, Canada's independent provider of critical IT talent solutions, completed the acquisition of Elign Consulting, a leading provider of workforce solutions and tailored consulting services for organizations across the US. Financial terms were not disclosed. "Elign is a trusted provider of IT and strategic business staffing solutions for a blue-chip customer base in the Twin Cities and across the country, and this partnership will enable us to provide critical IT talent solutions to more customers. As our first acquisition in the U.S., this represents an important milestone in our long-term vision to be the preeminent staffing solutions provider in North America," Derek Bullen, S.i Systems CEO.

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