“Reaching $20M+ in revenue at its height, SophLogic Global has made a name for itself in the technical staffing space for over 15 years. The firm, led by Michael Bovaird, has placed candidates for clients such as the US Army, Coke, Kelly Services, Pearson Education and Astrazeneca. Partnering with Ashley Capital Group, the owner was seeking a potential exit with a firm that could bring both cross-selling capabilities and technical solutions to his operations. Headquartered in Texas, Kolor Blue Solutions had broad technical capabilities in addition to advanced software solutions for all of its clients making it the perfect fit for SophLogic to continue servicing its existing contracts while bringing value-added software solutions to its clients.”
Formerly a $40M Manufacturing Giant, Project Show led the Printing Industry in not just manufacturing but in software project management, client relationship management and mergers and acquisitions.
The owner, throughout the firm’s lifespan, purchased additional operations to expand in growth but as the printing industry started to decline in the mid-2000’s, the firm began to downsize operationally.
As part of its final strategic exit, Project Show was successfully sold to another larger Manufacturing Printing Firm in a 100% Buyout.
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.
A Subsidiary Of
One of the most prominent and well-known national advertising agencies in the US, Aristotle has stood out as premier provider of programmatic advertising, SEO, creative, and web services. The firm is best known for its contractual work with Elvis Presley Enterprises, the State of Arkansas and the State of Kentucky. Many strategic buyers were interested in pursuing a deal with Aristotle but the most highly-valued synergy was with the Pulse Networks (a boutique national ad agency) backed by TCA Global, a multi-billion dollar hedge fund.
A Subsidiary Of
Headquartered in New York, MagicBullet is best known for its work on the Dorito’s and Old Spice Super Bowl Commercials and campaigns through its creative commercial work. The firm was seeking a strategic partner that could introduce the firm to other national clients through its creative service lines. After meeting many larger ad agencies, MagicBullet was matched with Stadium Red: a media agency focused on diversifying its service lines in the creative space. Stadium Red was backed by the Magna Group which is a $90M media holding conglomerate.