.
MergerLinks Header Logo

New Deal


Announced

Bounteous to merge with New Mountain Capital-backed Accolite.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Acquisition

Domestic

Private

Friendly

United States

cloud products

digital product engineering

Software

Majority

Pending

Single Bidder

Synopsis

Edit

Bounteous, an IT service management company, agreed to merge with New Mountain Capital-backed Accolite, a digital transformation services provider. Financial terms were not disclosed. “This combination accelerates the realization of the vision Bounteous has been working toward since our founding: to become the world's preeminent digital innovation partner. Accolite shares our obsession with customer success and has an admirable track record of creating lasting value and impact for their clients. Together, we are re-shaping the landscape of digital transformation and helping businesses adapt and succeed in the age of the connected customer,“ Keith Schwartz, Bounteous Co-Founder and CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US