M&A Deal Summary

Fresche Solutions Acquires Abacus Solutions

On September 30, 2021, Fresche Solutions acquired information technology company Abacus Solutions

Acquisition Highlights
  • This is Fresche Solutions’ 1st transaction in the Information Technology sector.
  • This is Fresche Solutions’ 2nd transaction in the United States.
  • This is Fresche Solutions’ 1st transaction in Georgia.

M&A Deal Summary

Date 2021-09-30
Target Abacus Solutions
Sector Information Technology
Buyer(s) Fresche Solutions
Deal Type Add-on Acquisition

Target

Abacus Solutions

Marietta, Georgia, United States
Abacus Solutions is a provider of IBM I cloud, managed services, and infrastructure solutions. Abacus Solutions' multiple data centers combined with an IBM-certified sales and support team allows to tailor IT solutions to the specific needs of customers. Abacus Solutions is based in Marietta, Georgia.

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Buyer(S) 1

Buyer

Fresche Solutions

Montreal, Quebec, Canada

Category Company
Founded 1976
Sector Information Technology
Employees400
DESCRIPTION

Fresche Solutions is an application modernization and management solutions, provider. Fresche specializes in helping companies achieve their IT and business goals by better managing and evolving their IBM I applications. Fresche Solutions was founded in 1976 and is based in Montreal, Quebec.


DEAL STATS #
Overall 3 of 7
Sector: Information Technology M&A 1 of 5
Type: Add-on Acquisition M&A Deals 3 of 7
State: Georgia M&A 1 of 1
Country: United States M&A 2 of 5
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-03 Quadrant Software

Mansfield, Massachusetts, United States

Quadrant Software, Inc. is a provider of electronic document management software primarily for the IBM iSeries. Quadrant provides application modernization, mobile development, business intelligence and document distribution solutions and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-09 Trinity Guard

Houston, Texas, United States

Trinity Guard is an operator of a security, auditing, and detection software company that provides vital capabilities to detect and protect against growing cybercrime. Trinity Guard’s IBM I security suite, Linux security auditing, and centralized security management products provide highly integrated auditing, intrusion detection, and security hardening solutions to customers worldwide. Trinity Guard is based in Houston, Texas.

Buy -