Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a successful transaction in its market-leading Digital, Data & Cloud practice. Clearsight served as the exclusive advisor to number8, LLC (“number8” or the “Company”) in its acquisition by Software Mind S.A. (“Software Mind”), backed by Enterprise Investors Sp. z o.o. and Ailleron SA. Headquartered in Louisville, KY … Continued
ACG’s Middle Market Growth Magazine spoke with Matt Brom to glean insights about the future of artificial intelligence (AI) in the aerospace and defense industry. Matt leads Clearsight’s Government Services, Defense & Public Sector Technology Practice. Read the article here. Contact Matt Matt Brom Managing Director, Clearsight Advisors Washington, D.C. mbrom@clearsightadvisors.com
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its IT Services and Public Sector Technology practices. Clearsight served as the exclusive advisor to Incapsulate, LLC (“Incapsulate” or the “Company”) in its acquisition by Accenture (NYSE: ACN). Incapsulate is a Washington, DC-based digital transformation consulting firm specializing in Salesforce solutions. Since its … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to share another successful transaction in its Public Sector Technology practice. Clearsight served as the exclusive advisor to OnCore Consulting, LLC (“OnCore” or the “Company”) on its merger with GCOM Software, LLC (“GCOM”), a portfolio company of Sagewind Capital, LLC (“Sagewind”). OnCore is a rapidly growing provider of technology … Continued
The rise of OpenAI’s ChatGPT has captured the world’s attention and drawn tremendous interest to the rapidly progressing world of artificial intelligence (AI). Natural language processing models (NLPs) have advanced so much in recent years that generative AI tools can now pass the bar and US medical licensing exams. Public companies have taken note of these … Continued
Strategic acquirers and private equity firms alike are finding ways to add value through M&A despite an uneasy macroeconomic environment. Clearsight’s Justin Loeb discusses current market activity with ACG‘s Middle Market Executive magazine. Read the full feature, part of the Summer 2023 edition. Justin Loeb Director, Clearsight Advisors Washington, DC jloeb@clearsightadvisors.com … Continued
For nearly 2,500 years, philosophers have wrestled with the age-old question of how to balance the three pillars of cybersecurity: technology, processes, and people. Well, not quite. As an explicit concept applied to cybersecurity, this framework has been advanced for a mere few decades. Nonetheless, the core understanding behind it traces back to Ancient Greece, … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another high-growth, industry-leading outsourced services transaction. Clearsight served as the exclusive financial advisor to Avesi Partners (“Avesi”) on its investment in memoryBlue, LLC (“memoryBlue” or the “Company”). Based in Stamford, CT with an office in Richmond, VA, Avesi is a private equity firm that … Continued
Several hundred executives and investors participated in Clearsight’s annual Digital Innovation Summit last month, offering insights and connections to carry us through the rest of 2022. Philo Tran, Managing Director and Head of the Digital Transformation practice at Clearsight, moderated a virtual fireside chat with Shashank Samant, CEO of GlobalLogic, and Bruno Guicardi, Co-Founder & … Continued
While most enterprises in 2021 were finally beginning to adjust and regain their footing after enduring a tumultuous pandemic-year, the M&A, private equity, and venture capital industries found themselves hitting the ground running – delivering a record-breaking year during a period of mass economic uncertainty. ACG National Capital’s Corporate Growth, Capital Style team caught up … Continued
2021 was a record year for M&A deals in the ServiceNow ecosystem. ServiceNow transactions jumped ~50% in two years, from 11 in 2019 to 21 in 2021. This market consolidation in the space was driven by strong industry tailwinds related to the digitization of enterprise and related IT and HR processes. Read more on ServiceNow’s … Continued
Clearsight served as the exclusive advisor to W@tchTower, a managed security service provider (MSSP) specializing in cybersecurity operations services and technology, in its acquisition by Achieve Partners. W@tchTower now operates under UltraViolet Cyber, Inc., a combination of four pioneering firms: Metmox, Mosaic451, Stage 2 Security, and W@tchTower. The entity brings together decades of experience at … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its leading Digital Transformation practice. Clearsight served as the exclusive strategic advisor to Devbridge (or the “Company”) in its acquisition by Cognizant Softvision, a subsidiary of Cognizant (NASDAQ: CTSH). The deal marks Clearsight’s ninth digital transformation transaction in the last 12 months. Devbridge … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its leading Digital Transformation and Data Analytics practices. Clearsight served as the exclusive strategic advisor to RCG Global Services, Inc. (“RCG” or the “Company”), a portfolio company of Eos Partners L.P. (“Eos”), in its recapitalization by Frontenac Co. (“Frontenac”). Headquartered in Iselin, NJ, … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce a strategic growth capital investment in Thunder, Inc. (“Thunder” or the “Company”), with participation from Salesforce Ventures and Winning Streak Ventures. This is a landmark transaction for Clearsight’s Merchant Banking practice and substantiates Clearsight’s knowledge, interest and excitement for the Salesforce consulting sector. Thunder is a leading … Continued
As the world continues to adapt to life during COVID-19, businesses are utilizing digital platforms to develop and enhance customer relationships, ensure satisfactory user experiences and maintain relevance within ever-changing markets. With increasing dependence on digital touch points, corporations with an established but evolving digital strategy continue to grow amidst the global pandemic, while laggers … Continued
The data and cloud sectors have been incredibly active within a thriving M&A market. High demand from investors and strategic acquirers alike has created a unique environment for business owners. For more details on the current market, download the full report below. Download Now Contact Us for More Information Alex Johnston Director, Clearsight Advisors … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its Disruptive Media & Communications and IT Services practices. Clearsight served as the exclusive advisor to Unify Square, Inc. (“Unify Square” or “The Company”) in its acquisition by Unisys Corporation (NYSE: UIS) (“Unisys”). Headquartered in Bellevue, WA, Unify Square is a leading global … Continued
New, sophisticated cybersecurity tools are invaluable in securing our digital world, but they increase, rather than obviate, the need for well-trained cybersecurity experts. Ten years ago, Marc Andreessen famously noted in the Wall Street Journal that, “software is eating the world.” The gist of this argument will be familiar to most and has been borne … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its IT Services practice. Clearsight served as advisor to West Monroe Partners on the sale of its Managed Services division to M/C Partners. This transaction further emphasizes Clearsight’s position as the industry leader in advising high-end digital and professional services firms. With nine … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another successful transaction in its market-leading Digital Transformation and Data Analytics practices. Clearsight served as the financial advisor to Intersys Consulting, LLC (“Intersys”) on its acquisition by ASGN Incorporated (NYSE: ASGN) for $67 million of cash plus restricted stock. This transaction further emphasizes Clearsight’s position as the … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce another highly successful transaction in its IT Services and Digital Transformation practices. Clearsight served as advisor to Column Technologies, Inc. (“Column”) in its recapitalization by The Acacia Group. Founded in 1998 and headquartered outside of Chicago, Illinois, Column is a global technology solutions and services provider. Column’s … Continued
DXC Technology, the leading B2B IT services and digital transformation solutions provider, has announced it intends to acquire software development firm Luxoft for approximately $2 billion. The acquisition enables DXC to offer clients end-to-end digital transformation services by leveraging Luxoft’s front end digital capabilities with DXC’s expertise in IT modernization and integration. Read more about … Continued
Two of the most powerful houses in the big data world have long been Cloudera and Hortonworks. Once fierce adversaries, you can think of them as the Starks and Targaryens of the market. In a surprising announcement several weeks ago, these two rivals joined forces to take on their own “Army of the Dead.” In … Continued
Cognizant Technology Solutions Corporation has entered into a definitive agreement to acquire Softvision, LLC, a digital engineering and consulting company backed by Tower Arch Capital, for a rumored value of about $550 million. With its fifth digital acquisition of 2018, Cognizant has reaffirmed its mission to become a true digital consultancy. Cognizant has historically lagged … Continued
Deal Spotlight: Atos Acquires Syntel The French IT services company Atos acquires Michigan-based IT services provider Syntel. This transaction expands Atos’s capabilities in North America to provide end-to-end services to US customers. The transaction is planned to close by year-end and both companies’ Boards of Directors have unanimously approved the transaction. View our Atos deal profile here.
It’s mid-May, which means that ServiceNow, the rapidly-growing enterprise software platform for IT service management (and much more), has just completed its annual Knowledge conference for partners, customers and employees. The Clearsight team was on hand at Knowledge18, where the optimism and excitement about the company’s trajectory was palpable, both on the convention floor and … Continued
One of the world’s largest consultancies made a play to expand it’s burgeoning Salesforce practice. On November 13, 2017, PwC, the global professional services firm and Salesforce Platinum Global Consulting Partner, announced that it has conditionally acquired cDecisions Limited (“cDecisions”), a provider of technology and professional services to companies looking to implement Salesforce. Per the … Continued
Clearsight Advisors, Inc. (“Clearsight”) is pleased to announce the completion of another highly successful transaction in the cybersecurity and IT services industry. Clearsight served as the exclusive strategic and financial advisor to The Van Dyke Technology Group, Inc. in its acquisition by Jacobs Engineering Group Inc. Jacobs Engineering Group Inc. (NYSE:JEC), one of the world’s … Continued
Indian newspapers were rumbling last week with rumors that Capgemini, Europe’s largest IT Services firm, was close to signing a deal to acquire iGATE. This week, the deal was confirmed as Capgemini agreed to acquire iGATE for approximately $4 billion in an all cash deal, representing one of the largest deals in the IT Services … Continued
