Livingstone Advises Fusion Alliance on Sale to New Era Technology

Livingstone’s Technology and Business Services team is pleased to announce the sale of Fusion Alliance (“Fusion” or the “Company”) to New Era Technology, Inc., (“New Era”) a portfolio company of Sentinel Capital Partners. Livingstone acted as the exclusive financial advisor to Fusion.

Founded in 1994, Fusion is a leading digital transformation and IT solutions provider, serving Fortune 500 and mid-market clients. Fusion has more than 443 consultants, working from locations in Indianapolis, Columbus, and Cincinnati, helping clients achieve their most audacious and complex goals across a myriad of dynamic markets, including highly regulated, attractive, and growing vertical markets such as healthcare, insurance, financial, retail and energy end markets.  The Company is a Gold Microsoft Partner and has partnerships with Sitecore, HubSpot, Snowflake, Amazon Web Services, and Salesforce.

“Livingstone’s custom-tailored sales process and unrelenting advocacy drove an excellent outcome for Fusion during a period of uncertainty for the IT services industry, with the impact of COVID-19, increasing challenges in the labor market, and general recessionary risks,” says Doug Brown, CEO, and President of Fusion.

After running a competitive sales process, Fusion was acquired by New Era Technology, a leading provider of managed IT solutions and services across 14,000+ enterprise and mid-market customers with a significant global presence in the Americas, APAC, and EMEA. The acquisition of Fusion expands New Era’s Midwest footprint and adds an impressive customer portfolio of leading brands in highly regulated, attractive end markets.

“We started our relationship with Livingstone Partners in December 2019 when exploring the sale of Fusion and put the transaction on hold due to the COVID-19 pandemic beginning in March 2020. With the relaunch in 2021, Livingstone managed interest across a broad group of key strategic and financial buyers, and guided management through a highly competitive and complex transaction,” noted Tom Campbell, CFO of Fusion.

Fusion and its owners did a remarkable job of remaining focused and achieving outstanding results despite all the obstacles we faced during this process. Fortunately, it was all worth the wait, as the Company was able to find an outstanding partner in New Era,” commented Brennan Libbey, Partner at Livingstone’s Los Angeles office.

The Fusion transaction highlights Livingstone’s expertise in the Technology and Business Services sectors following other recent notable transactions, including PrimeQ and VIEW Ledger, ADDQ and QESTIT, and M-Brain and Monterro.

Dela sidan


Håll dig uppdaterad Missa inga affärer eller analyser