New Era Technology Acquires IT Consulting Aptude

New Era Technology has acquired digital transformation company Aptude for an undisclosed amount.

This is the 706th technology M&A deal that ChannelE2E has covered so far in 2022. See over 1,000 technology M&A deals involving MSPs, MSSPs and IT service providers listed here.

New Era, founded in 2013, is based in New York, New York. The company has 890 employees listed on LinkedIn. New Era’s areas of expertise include Unified Communications and Collaboration, Data Networking, Digital Transformation, SecureBlu Security Services, CloudBlu Cloud Services, Physical Security and Life Safety, Managed Services, and Professional Services.

Aptude, founded in 2000, is headquartered in Lisle, Illinois. The company has 277 employees listed on LinkedIn. Aptude’s areas of expertise include IT Staffing, IT Custom Development, IT Consulting, Mobile Application Development, IT Infrastructure, End User and Data Security, Office 365, Transportation, Transportation Applications and Support Services. Of transport.

Growing potential near shore and offshore

New Era has more than 12,000 customers worldwide and has offices in the Americas, UK, APAC and Europe. The company has several key partnerships including Cisco, Avaya, Extreme Networks, Palo Alto, Polycom, HP, Juniper, Fortinet, EMC, Microsoft, and more.

With Aptude’s development and support delivery centers in the US, Mexico, India, and Malaysia, New Era gains overseas and overseas professional services and agile application development expertise.

Uday Mehta, Principal Architect and Co-Founder of Aptude, said:

“We are delighted to join forces with New Era’s world-class team. This combination creates significant opportunities for our organization and will allow us to offer additional services to our customers globally, leveraging New Era’s footprint and technology capabilities. It was not only the strategic fit that led us to this selection, but also the people-centric, relationship-based and customer-focused culture that makes the two companies a perfect fit.”

Mergers and Acquisitions Advisor: Excendio

Excendio served as Aptude’s exclusive financial advisor on this successful transaction.

Excendio is a mid-market M&A advisory firm focused exclusively on IT services and select areas of software.

New Era co-founders Srinath Parepally and Guy DeRosa issued a joint statement:

“Excendio was a trusted advisor and became an extension of the shareholder team, delivering an outstanding result. Cristian Anastasiu’s deep industry knowledge, dedication, creativity and insightful guidance helped shareholders achieve their goals. Excendio was a great advisor for us. They helped us find and select the best partner.”

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