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Announced

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Abacus Group completed the acquisition of Tribeca Technology Group.

Synopsis

Abacus Group, an IT managed services provider to financial services firms globally, completed the acquisition of Tribeca Technology Group, a UK-based IT MSP also serving the financial services industry. Financial terms were not disclosed. "I'm delighted to welcome Tribeca and its clients to Abacus Group. Tribeca's reputation and long-standing client relationships are indicative of extending our core values as we further establish Abacus as the premier provider of managed services across the UK for financial services institutions. We are committed to leadership, innovation, operational excellence and exceptional client experiences in this important market, and this acquisition demonstrates just that," Anthony J. D’Ambrosi, Abacus Group CEO.

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