MARKHAM, Ontario, May 25, 2017 /PRNewswire/ -- Tequity Inc., a North American M&A advisory firm specializing in strategic Technology M&A transactions, acted as the exclusive financial advisor to Dataimage Inc. in their strategic sale to LaSalle Capital backed MetaSource.
Based in Salt Lake City, UT, Dataimage is an industry leader in business analytics, workflow design and business process automation, and electronic document management solutions. The acquisition of Dataimage broadens MetaSource's service offerings within technology-enabled workflow services and solutions. Dataimage represents LaSalle Capital's fifth add-on investment to the MetaSource platform.
Dataimage Co-Owner, Scott Morgan, commented, "MetaSource's reputation for integrity and excellence speaks for itself and fits seamlessly with the vision we had for this company when we founded it. Needless to say, we are very happy to join the MetaSource family."
"The high quality of service, impeccable reputation, and industry and technical knowledge that Dataimage brings to the table perfectly complements our existing suite of solutions and values," added MetaSource CEO, Adam Östhed.
MetaSource, based in Draper, UT, is a technology-enabled Business Process as a Service (BPaaS) company with a focus on the financial services industry. MetaSource offers a full range of services, including business process management and content management solutions delivered via premise-based and SaaS-based platforms designed to help customers achieve organizational efficiencies, manage compliance risk, realize cost savings, and accomplish other strategic objectives. http://www.metasource.com
About LaSalle Capital
LaSalle Capital is a leading private equity firm with extensive experience in the lower middle market. We currently manage two funds totalling over $330 million in capital. We have a proven track record of partnering with management teams to increase value in our companies by providing strategic operating focus and driving growth organically and through acquisitions. We have domain expertise and investment focus in two industry sectors: food and beverage and technology-enabled business services. http://www.lasallecapitalgroup.com
Tequity Inc. specializes in strategic M&A advisory work for Software and IT Services companies across North America and around the globe. We help shareholders to achieve their growth or exit goals through synergistic M&A transactions with growth-focused acquirers. As former technology company owners and executives, the advisors at Tequity have a deep understanding of the many factors that can improve, or detract from, a technology company's valuation. Tequity consistently achieves very high success rates and offers companies a unique competitive advantage through our specific focus on the tech market, one of the largest databases in the industry, and our ability to get transactions done discreetly. http://www.tequityinc.com
VP Corporate Development
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/tequity-advises-dataimage-on-strategic-sale-to-metasource-300463783.html
SOURCE Tequity Inc.