ACT Capital Advisors is pleased to announce the sale of Assured Technology Solutions (ATS) to Savara Holdings, Inc. ACT acted as the advisor to ATS.
Founded in 2001, ATS is an IT Solutions and Managed Services Provider (MSP) specializing in network infrastructure and desktop support services. The Company’s approach is to partner with its business clients to seek opportunities to drive savings, increase efficiencies, protect their IT investment, and provide scalability in the future. The Company’s services include total backup protection, complete network management, Help Desk, easy predictability, strategy and budgeting/forecasting. ATS has a customer base of over 150 satisfied, long term customers.
ATS is an Authorized Dealer for leading technology firms such as Microsoft, Hewlett-Packard, VMWare, Symantec, Cisco and Eaton.
Keith Fast, ATS’ President said “I am very pleased with finding such a great buyer for ATS in Savara Holdings. Savara will provide a solid platform for ATS to expand its business and pursue new opportunities.”
Raj Savara, President of Savara Holdings, brings 12 years of business ownership and executive level marketing experience. Mr. Savara said, “ATS is a solid MSP company positioned for growth. I am excited to lead it to the next level of success.”
Mr. Fast engaged ACT Capital Advisors, in conjunction with Generational Equity, to explore the market in order to prepare a timely exit strategy addressing pre-retirement transition and the next-step growth of the business.
For ACT, the transaction team included Curt Case, Managing Director and Trevor Hill, Associate. The transaction is one of several 2018 IT engagements for the Technology Practice at ACT, led by John Norton.
For more information on ATS, please visit their website at https://www.atsnw.com.
About ACT – ACT Capital Advisors, LLC is a leading Mergers & Acquisitions (M&A) firm that represents lower-middle-market companies across a variety of sectors and industries, including industrial manufacturing, information technology, construction, healthcare, aerospace, consumer staple/discretionary, oil and energy, as well as outsourced services. The firm provides strategic M&A and financial advice to closely held, family-owned, as well as private equity sponsored organizations and corporate shareholders that wish to sell all or a portion of their company, or conversely, a division, a product line, or a subsidiary of their entity. Leveraging ACT’s deep industry-wide knowledge and strategic auction process, clients appreciate ACT’s approach, pairing the professional expertise of a national investment banking firm with the senior level attention and entrepreneurial creativity of a smaller enterprise. ACT’s technology practice provides guidance for IT Services and Specialized SaaS firms (Fintech, Adtech) who want an optimal exit. For more information, please visit their website at https://actcapitaladvisors.com.