Tequity, a leading North American M&A Advisory firm specializing in global Enterprise B2B SaaS, Cloud, and IT company transactions, acted as the exclusive financial advisor to Stratogent, a California-based managed IT services provider, on their acquisition by PTP, a leading provider of premier cloud consulting and managed services. This strategic acquisition marks a significant milestone.
"This partnership reflects our shared commitment to excellence in managed services," said Jishnu Mitra,CEO of Stratogent. "By joining PTP, we are excited to bring even more comprehensive and innovative solutions to our clients, powered by over 300 client-facing engineers."
The acquisition brings together two growing managed services companies with complementary strengths, enabling:
"Our acquisition of Stratogent marks a significant milestone in our mission to empower life sciences companies with cutting-edge technology and managed services," said Ethan Simmons,President of PTP. "By adding Stratogent's capabilities and resources, weare uniquely positioned to offer a tremendous breadth and depth support, allowing early and mid-stage biotech organizations to focus on innovation while we take care of their IT needs."
On his experience working with Tequity, CEO of Stratogent Jishnu Mitra said "Tequity provided invaluable guidance throughout our complex merger, ensuring a smooth and strategic transition."
"We are proud to have advised Stratogent on this strategic acquisition, marking a significant milestone in their journey. As a leading MSP serving the Life Sciences sector, their expertise and innovation made them a highly valuable partner. This transaction not only strengthens PTP's capabilities but also enhances the support available to LifeSciences organizations navigating complex IT and compliance needs. We look forward to seeing the continued success of this combined entity," said Anish Singla, Managing Partner & Co-Founder of Tequity Advisors.
Tequity is a leading North American M&A Advisory firm specializing in global Enterprise B2B SaaS, Cloud, and IT company transactions. We have helped hundreds of founders prepare for and succeed in strategic M&A transactions. Whether you are thinking about options to accelerate growth, achieve liquidity,or want to plan for succession, we can help. With decades of experience as executives, consultants, and business owners in the software and technology sectors, Tequity offers unparalleled industry insights and a vast network of strategic, growth-driven buyers and we are committed to facilitating successful M&A transactions that maximize value and fuel long-term success for our clients. Schedule a call with us
