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FuturTech Consulting provides full IT Managed Services in addition to being a Microsoft Gold Certified Partner. The Company employs over 30 IT specialists, help desk attendants and engineers to serve clients' IT needs. The Company quickly grew into a successful multi-million dollar IT provider via its unique company culture and client services.
The owner began looking for a strategic exit by exploring other IT companies in the space.
CloudScale365 ($80M Holding Company) had a history of several IT acquisitions and was seeking a Managed Service Provider for its next inorganic growth phase.
Ashley Capital Group served as Buy-Side M&A Advisor to CloudScale365 on its search for IT acquisitions which concluded with the purchase of FuturTech Consulting in 2017.
Press Link: https://www.cnbc.com/2017/11/28/globe-newswire-cloudscale365-inc-merges-with-futurtech-consulting-llc.html