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 premier cloud consulting and managed services provider.
Stratogent is a trusted managed IT services provider specializing in 24/7 operations, cloud management, and cybersecurity. With over a decade of experience, Stratogent delivers enterprise-grade solutions that enhance IT performance, security, and reliability for businesses.
"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."
With the biotech industry experiencing rapid innovation, organizations face increasing challenges in managing complex IT infrastructures, ensuring compliance with stringent regulations, and securely handling sensitive data. This strategic acquisition enhances PTP's ability to deliver tailored, high-performance solutions to its expanding portfolio of biotechnology clients, meeting their unique needs in research, development, and regulatory compliance.
"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, we are 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."
The acquisition brings together two growing managed services companies with complementary strengths, enabling:
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 Life Sciences 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.
About Tequity
Tequity Advisors advises enterprise B2B SaaS, Cloud, and IT companies on strategic M&A to drive growth, achieve liquidity, and expertly navigate exit strategies. 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. Tequity is committed to facilitating successful mergers and acquisitions (M&A) transactions that maximize value and drive long-term success. Discover more at www.tequityadvisors.com.
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