SC&H Capital Advises Mind Over Machines On Acquisition of The Seva Group

Feb 04, 2013, 08:00 ET from SC&H Capital

SPARKS, Md., Feb. 4, 2013 /PRNewswire/ -- SC&H Capital, an investment banking advisory firm focused on M&A and corporate finance solutions, announced today its role as financial advisor in the acquisition of the Seva Group by Mind Over Machines, a Baltimore-based provider of consulting and IT services to commercial and government clients.  The Seva Group is a provider of IT consulting services in the Mid-Atlantic region.

Mind Over Machines enlisted SC&H Capital to advise on acquisition-related business strategy as part of the company's strategic growth initiative.  SC&H Capital advised on valuation, deal structure, and capital structure and sourcing for the Seva Group acquisition. 

Tom Loveland continues as the CEO for Mind Over Machines, while the Seva Group founder, Chris Long, is executive vice president in the newly combined company.  Other executives of both firms have retained their positions.  The transaction was completed in December 2012.

"SC&H Capital has been involved from the very beginning, expertly advising and executing on all steps through the acquisition's completion," said Mind Over Machines' CEO Tom Loveland.  "This has been a perfectly complementary business arrangement, with both firms bringing to the new Mind Over Machines additional and now co-managed capabilities that, when taken together, enable us to reach new markets and create more opportunities in the markets we already serve."

With the acquisition, Mind Over Machines now comprises one of the largest IT consultancies serving the Mid-Atlantic region, providing services that include mobile and cloud computing, enterprise information systems development, and technical staffing.  

"Having advised on numerous IT servicing deals, we know the particular challenges of this industry, among them the need to efficiently adapt – more quickly than in most industries – while operating in a business model that's unique when compared to other service-providers," said Christopher Helmrath, managing director, SC&H Capital.  "The Mind Over Machines acquisition took these business features into account, which we believe strongly benefited both firms, or the new Mind Over Machines." 

About SC&H Capital
SC&H Capital is an investment banking advisory firm providing M&A and corporate finance solutions for middle market companies, notably in healthcare, information technology and government contracting.  SC&H Capital supports its investment banking activity with a full suite of strategic and financial resources to assist companies in the development and execution of strategic plans and initiatives.  Its advisory services are tailored to ensure clients receive pertinent and valuable advice at every stage of the business life cycle – not just at the time of sale.

SC&H Capital is an affiliate of SC&H Group, a full services CPA and management consulting firm advising leading companies on accounting, tax, profitability and strategy solutions.  For more information, visit

Securities offered through Stout Causey Capital Corporation, member FINRA/SIPC.

About Mind Over Machines 
Mind Over Machines is a management and information technology consulting services firm with a passion for imagining and delivering best-in-class solutions that create a sustainable positive impact on the environment they serve.  We believe that business, government, and communities can be made better through technology and an acute focus on the people who use it.  Our multi-disciplinary teams work to serve financial services, health, and manufacturing sectors, as well as associations and many departments and agencies across local and national government.  Recent clients include Ikea, the National Committee for Quality Assurance, Broadridge Financial Services, the National Institutes of Health, and the United States Army.  For more information, visit

Gerry Wisz, GW Communications; 201-280-2816

Jennifer Alterwitz, SC&H Group; 410-785-8570