TORONTO, Dec. 4, 2015 /PRNewswire/ -- Tequity Inc., an M&A advisory firm with a unique focus on companies in the Software and IT Services markets, announced today the acquisition of its client Cinovate in their strategic acquisition by PwC.
Cinovate is a leading Canadian Salesforce Platinum Consulting Partner with extensive experience with implementations across the Salesforce Customer Success Platforms and is recognized by CIO Review Magazine as one of the 20 most promising Salesforce Consulting Partners. Together, the companies will help clients to transform their business with the Salesforce platform, supported by enhanced technical, strategy, and business transformation capabilities.
This marks another successfully completed transaction of a Salesforce consulting partner for Tequity. "We're seeing a large number of corporate acquirers actively strengthening their competitive position through strategic acquisitions across the entire IT services spectrum and we anticipate continued market disruption through 2016," stated Kevin Tribe, Managing Director of Tequity.
About PwC Canada
PwC Canada helps organizations and individuals create the value they're looking for. More than 6,500 partners and staff in offices across the country are committed to delivering quality in assurance, tax, consulting, and deals services. PwC Canada is a member of the PwC network of firms with more than 195,000 people in 157 countries.
Cinovate is a leading Platinum Salesforce Consulting partner with the experience of hundreds of implementations for companies across financial services, high tech, manufacturing, and other industries since 2009.
About Tequity Inc.
Tequity provides merger, acquisition, valuation, and exit strategy advisory services exclusively to Software and Information Technology companies in the lower middle market across North America and around the globe. www.tequityinc.com
Salesforce, Customer Success Platform and others are among the trademarks of salesforce.com, inc.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tequity-advises-cinovate-on-acquisition-by-pwc-300188100.html
SOURCE Tequity Inc.