Backoffice outsourcing services 2018 M&A Deals Recap
Backoffice 2018 M&A Deals
2018 – TrinTech “the last mile of Fiance solutions” [Vista Equity Partners] acquired by Summit Partners (growth equity recap).
2018 – Corporate Finance Group, Inc. (CFGI)acquired by the Carlye Group (secondary buyout).
2018 – Winshuttle acquired by STG – Symphony Technology Group (secondary buyout).
2018 – SWC Technology Partners acquired by BDO USA LLP.
2018 – TaskUs acquired by The Blackstone Group (secondary buyout)
2018 – Accenture acquires DAZSI, DAZ Systems Inc ERP service provider.
2018 – Moss Adams acquires Transacction Partners, a firm specailzied in outsourced finance and accounting services.
2018 – BDO USA LLP accounting & consulting firm acquires Casterline Associates.
2018 – BerganKDV acquires HSMC Orizon, NE CPA and Technology consulting firm.
2018 – RSM US acquires Explore Consulting, Netsuite Consulting partner.
2018 – Aprio LLP acquires HPC Accounting & TAX, tech driven cloud consulting firm.
2018 – Wipfli LLP acquires NE accounting firm Macpage.
2018 – Basware acquired by Verdane Capital Advisors. FAO acquired by PEG for $35M eruos.
2018 – Quirius acquired by Becomex. FAO & Consulting firm acquired for $28M.
2018 – Info Sys Management acquired by SWK Technologies. Reseller of SAGE and Acumatica solutions acquired for $1.7M.
Backoffice Services Industry Commentary.
Continual movement of larger accounting firms acquiring non-CPA firms.
Deals driven by digital transformation, industry consolidation, shift to the cloud, demand for F&A optimization, spend efficiencies, and analytics.
Majority of service deals priced 80% to 100% of annual revenues, with outsourcing deals commanding a premium.
