By Generational EquityOct 7, 2022, 07:00 et
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Software, Inc. (dba Computers & Networks) to eResources LLC. The transaction closed September 7, 2022.
Located in Memphis, Tennessee, Computers & Networks (C&N) is a provider of computer network designs and implementation, hosted infrastructure solutions including data storage and desktop virtualization, and network support to customers with complex, multi-site installations. The Company is a leader in offering outsourced IT support to allow customers to focus on growing operations instead of maintaining hardware and network systems. C&N’s approach is to provide proactive care so that IT issues can be eliminated prior to causing downtime or business disruption.
eResources, located in Ocala, Florida, helps businesses and associations across the U.S. achieve growth by guiding and supporting IT infrastructure and providing cybersecurity management. eResources partners have been able to grow their businesses and reduce their costs by 42% on average. Their goal is to let businesses be in complete control of their IT strategy – letting it serve as a tool rather than an obstacle.
The Company’s fully outsourced IT services provide all the convenience of having an in-house IT team without the extra cost and work involved with maintaining them. They offer a full array of services including: Managed IT Services, 24/7 Help Desk, Cloud Solutions, Assessments, Consultations, Project Services, Cybersecurity, and Digital Transformation.
Generational Equity Executive Managing Director of M&A – Central Region, Michael Goss, and his team led by Senior Managing Director, M&A, Julie Sandoval, successfully closed the deal. Senior Managing Director, Thomas Hamm, established the original relationship with C&N.
“This was a great opportunity all the way around; not only was this an ideal fit, but the level of professionalism of both sellers and buyers made for a smooth transaction,” said Sandoval.
About Generational Equity
Generational Equity, Generational Capital Markets (member FINRA/SIPC), Generational Wealth Advisors, Generational Consulting Group, and DealForce are part of the Generational Group, which is headquartered in Dallas and is one of the leading M&A advisory firms in North America.
With more than 300 professionals located throughout 16 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022. For more information, visit https://www.genequityco.com/ or the Generational Equity press room.
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