The March Group Forecasts an Increase in Tech Sector M&A Activity
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CORAL SPRINGS, Fla.--(Business Wire)--
The March Group, a leading, private mergers and acquisitions firm specializing
in the sale of middle-market businesses, anticipates an expansion in technology
sector M&A activity in the near future.
"We are anticipating an increase in M&A activity over the next several months,"
said Director of Research Carl Doerksen. "With the economy recovering and the
recent spate of high-profile acquisitions in the tech sector, buyers will no
longer be hesitant. They will start acquiring the tech firms they`ve been eyeing
for some time but have been waiting for the right moment to make their move on."
There have already been more technology companies acquired this year (48) than
last (45), according to Networkworld.com and J.P. Morgan`s 2009 "The State of
the M&A Market" report.
Both private equity groups and publicly traded software companies are flush with
cash and primed to acquire small and midsized tech firms, according to Ken
Bender, managing director at Software Equity Group ("Tech M&A: Not Dead, Just
Resting," By Ben Worthen). Here are some of the reasons technology firms make
such good takeover targets, according to tech expert Om Malik at Gigaom.com:
1. Selling companies have a product that the buyer believes it can market to its
existing customers;
2. Acquisition candidates have a presence in a market the buyer wants to enter;
and
3. Sellers may be able to help the buyer (or the buyer may help the seller) ramp
up its Web presence.
There is, of course, the common driving force behind many acquisitions: cost
savings through consolidation.
Whatever reason a buyer may want to buy or a seller may wish to sell, The March
Group is uniquely qualified to facilitate such transactions because of its
strong track record in the tech sector. Here is a sample of some of the deals
The March Group has advised on:
* SkyFish.com, an e-commerce B2B vertical Web portal for the aviation and
aerospace industries, was acquired by Onex Corporation.
* Tenmast Software, a government-housing, software-development company, was
purchased by Lightfoot Software Corporation.
* EAS Technologies Inc., a computer hardware and software manufacturer, was sold
to Ceridian Corporation.
* Aspiration Software, a subcontractor for software development projects serving
the intelligence community, was acquired by the Shawmark Group.
* HP Communications Inc. d/b/a Globalcom, an Internet-based supplier of
satellite technology, was purchased by Satcommobil.
* Affidia Systems, an information technology services provider, was sold to
Akins Consulting.
* VETManager Software, a developer of software used by veterinarians, was
acquired by Butler Solutions LLC.
* Corporate Technology Solutions, a high end Structured Cabling System
integration contractor was acquired by PAG Capital.
Listed below are some of The March Group Group`s current technology sector
clients:
* Advanced Laser-Based Products & Systems Provider
* Branded Risk Analysis Software & Consulting Firm
* Full Service Electrical Engineering Design Firm
* Highly Specialized Environmental Consulting Firm
* Homeland Sec. & Border/Perimeter Defense Software
* Imaging Systems for Transportation and Security
* Integrator of Customized Hardware & Software
* Manufacturer of 3-D Digitizing Equipment
* Producer of Interactive Gaming Peripherals
* Software Designer For The Communications Industry
Visit corporations4sale.com to see a complete list of The March Group`s clients,
or contact Nikki Forbes in Capital Markets at nforbes@marchgroup.com or
954-282-3385. To learn how The March Group can help you find a buyer for your
technology business, contact George Markis at gmarkis@marchgroup.com or
866-663-5806.
About The March Group
The March Group is a mergers and acquisitions advisory firm dedicated to the
middle market. Founded in 1986, The March Group is headquartered in North
America. The company employs over 200 professionals and has built a dynamic
network of business relationships with buyers and investors worldwide. The March
Group specializes in valuation, corporate finance, strategic growth, marketing,
and the negotiation and sale of privately held, middle-market businesses.
For more information about The March Group, please visit:
www.MarchGroup.com
www.Corporations4Sale.com
The March Group
Media Contact:
Kelli Matonak, Corporate Marketing Director, 954-282-3336
kmatonak@marchgroup.com
Copyright Business Wire 2009
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