Category: News Room

25 May 2021

martinwolf Promotes Michael Rosholt to Associate

martinwolf M&A Advisors (martinwolf) today announces the promotion of Michael Rosholt to Associate.   “Michael is a good example of how talent combined with a strong work ethic pays off. His consistent performance has made martinwolf a better firm since joining in 2019,” said martinwolf President Tim Mueller. “Promoting Michael was one of the easier decisions we’ve had to make.” Rosholt,...

05 May 2021

martinwolf Promotes Matthew Putzulu to Chief Operating Officer of IT ExchangeNet

SCOTTSDALE, ARIZONA, May 5, 2021 — martinwolf M&A Advisors (martinwolf) today announces the promotion of Matthew Putzulu to Chief Operating Officer of IT ExchangeNet (ITX).   “Matthew has worked with a wide array of martinwolf clients during the last nine years, and exceeded our expectations at every turn,” said Tim Mueller, President of martinwolf. “He...

15 Apr 2021

KKR to Acquire Ensono in $1.7 Billion Deal

Financial Information ($USD) Enterprise Value:    $1.7 Billion Transaction Details Global investment firm KKR & Co, Inc. (NYSE: KKR) is acquiring leading hybrid IT services provider Ensono from private equity firms Charlesbank Capital Partners and M/C Partners. While financials have not been disclosed, the transaction is valued at $1.7 billion inclusive of debt, according to Reuters....

12 Apr 2021

Microsoft Acquires Nuance in $19.7 Billion Deal

Financial Information ($USD) Enterprise Value: $19.7 Billion EV/LTM Revenue: 13.97x EV/LTM EBITDA: 89.55x   Transaction Details Microsoft (Nasdaq: MSFT) today announced that it will acquire Nuance Communications, Inc. (Nasdaq: NUAN) in an all-cash transaction valued at $19.7 billion. Nuance, a speech recognition and artificial intelligence company, will be acquired for $56.00 per share, approximately 23%...

05 Apr 2021

Global, United States and Cross-border M&A Break Q1 Records

Global, United States and cross-border M&A hit all-time highs in the first quarter of 2021, with private equity accounting for 19 percent of global deal-making. According to Axios, each category bested all-time Q1 marks as global M&A topped $1.3 trillion.   martinwolf President Tim Mueller has witnessed similar growth trends.   “The M&A market has...

02 Apr 2021

Marty Wolf Interviewed on SYNNEX/Tech Data Merger Implications

martinwolf Managing Partner Marty Wolf was interviewed in SearchITChannel regarding the implications of SYNNEX’s (NYSE: SNX) $7.2 billion merger with Tech Data. Wolf explained that private equity will continue to play a major role in the IT distribution space with this merger coming on the heels of Platinum Equity’s acquisition of Ingram Micro.   “The...

29 Mar 2021

Marty Wolf Interviewed Regarding Wipro’s Acquisition of Capco

martinwolf Managing Partner Marty Wolf was interviewed in CRN regarding Wipro Limited’s (NYSE: WIT) $1.45 billion acquisition of Capco. Wolf, who has been involved in more than 180 IT M&A transactions during the last 20 years, categorized Wipro’s move as strategic but risky.   “It’s a significant bet by Wipro that they can pivot out...

25 Mar 2021

Surge in Private Equity Demand for Managed Service Providers

Demand for Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs) has surged to new highs as Private Equity (PE) firms continue to be attracted to the recurring revenue model.   martinwolf President Tim Mueller was cited in Karishma Vanjani’s article on PE Hub regarding the unprecedented rise in PE demand for MSPs and...