has been acquired by
A portfolio company of
The undersigned acted as exclusive financial advisor to Annese & Associates, Inc.
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.