![](https://scurapartners.com/wp-content/uploads/2017/10/annese-1-300x173.png)
has been acquired by
![](https://scurapartners.com/wp-content/uploads/2017/10/converge-one-1-300x173.jpg)
A portfolio company of
![](https://scurapartners.com/wp-content/uploads/2017/10/Clearlake-300x173.jpg)
The undersigned acted as exclusive financial advisor to Annese & Associates, Inc.
![](https://scurapaley.com/wp-content/uploads/2018/01/SP-Logo-300x43.png)
Sale to ConvergeOne
- Annese & Associates is a leading regionally-focused IT technology solutions provider delivering Professional and Managed Services, including cloud, mobility, security, data center virtualization, and collaboration.
- Scura Partners served as exclusive financial advisor in this transaction and conducted a controlled auction focused on well defined strategic and financial partners.
- The Annese family voted to sell the business to ConvergeOne, a global IT service provider of collaboration and technology solutions for large and medium enterprises.
- ConvergeOne is a portfolio company of private investment firm Clearlake Capital Group, a private equity firm with $4 billion of assets under management.