Excendio Advisors Acquisition Announcement: Digital Transformation - Managed Solutions
Excendio Advises Global Digital Transformation Leader Aptude on its Acquisition by New Era Technology
NEW YORK, August 04, 2022 /PRNewswire-PRWeb/ -- Excendio Advisors has announced that Aptude, Inc. headquartered in Lisle, IL has been acquired by New Era Technology, Inc. Excendio served as Aptude's exclusive financial advisor on this successful transaction.
Founded more than 20 years ago by Uday Mehta, Srinath Parepally and Guy DeRosa, Aptude is a leader in Digital Transformation, offering a wide range of services and solutions including Application Development, Business Intelligence, Application Support, etc.
The company has developed a loyal base of global and large enterprise customers and expertise in several verticals like Transportation and Logistics. Aptude has development and support delivery centers in the US, Mexico, India and Malaysia.
"We are delighted to be joining forces with the world class team at New Era. This combination creates significant opportunities for our organization and will enable us to offer additional services to our customers on a global basis, leveraging New Era's footprint and technological capabilities," said Uday. "It was not only the strategic fit that led us to this selection, but also the people-centric, relationship based and customer focused culture that make the two companies a great fit."
"Excendio was a trusted advisor and became an extension of the shareholder team, delivering an outstanding outcome," added Srinath and Guy. "Cristian Anastasiu's deep industry knowledge, dedication, creativity and insightful guidance helped the shareholders reach their goals. Excendio was a great advisor for us. They helped us find and select the best partner."
New Era Technology is a global managed technology solutions provider. New Era serves as a trusted adviser to more than 12,000 customers worldwide. Customers rely on New Era's seamless blend of solutions that securely connect people, places, and information in a rapidly changing digital world.
Excendio is a middle market M&A advisory firm focused exclusively on IT Services and select Software areas, with 20 years of successful Mergers & Acquisitions experience. We deliver world-class M&A advisory and have earned an outstanding reputation by leveraging our industry expertise and a network built over more than 30 years.
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Media Contact
Cristian Anastasiu, Excendio Advisors, 1 9174709470, [email protected]
SOURCE Excendio Advisors
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