As both companies grew in parallel, it became clear merging the two companies would allow us to leverage each others' strengths and even better serve our clients.
martinwolf Acquires IT ExchangeNet
A note from martinwolf Founder Marty Wolf
I’m very pleased to announce today a different kind of transaction: martinwolf has acquired IT ExchangeNet (ITX)!
This combination creates a globally recognized provider of M&A advisory services for transactions spanning $5 to 500 million, with both companies each having more than 20 years of experience in the IT midmarket space.
Those of you who have known us for a while may recognize this as a returning to the fold — ITX initially operated as a division of martinwolf under the Global IT M&A Forum brand, hosting physical marketplaces in the late 90s before being relaunched as a separate, primarily virtual entity beginning in 2013.
In fact, the president of ITX, Tim Mueller, was a martinwolf client 22 years ago when we sold his eCommerce/web development firm (Vantage One) to GTCR in 1999. They were early leaders in this space, having launched Travelocity from scratch for American Airlines, as well as Fortune 500 clients Exxon-Mobile, GE Lighting, Eaton and Kelly Staffing.
As both companies grew in parallel, it became clear merging the two companies would allow us to leverage each others’ strengths and even better serve our clients.
Tim Mueller will assume the role of president of martinwolf. Don’t worry, I’m not going anywhere — as Founder I’ll continue to focus on special opportunities and lead key engagements — but I’m excited for Tim to take our combined organization to new heights.
Here’s a few ways you can learn more:
- Click here to watch a short video featuring myself, Tim Mueller and martinwolf Managing Director Seth Collins on what this means for current and new clients
- Click here for a story by CRN covering the merger
- Click here for the press release
Of course, and as always, you’re also welcome to pick up the phone and call.
We’re truly excited for what comes next.