M&A Deal Summary

Strata Information Group Acquires RHB

On May 16, 2024, Strata Information Group acquired business services company RHB

Acquisition Highlights
  • This is Strata Information Group’s 1st transaction in the Business Services sector.
  • This is Strata Information Group’s 3rd transaction in the United States.
  • This is Strata Information Group’s 1st transaction in Indiana.

M&A Deal Summary

Date 2024-05-16
Target RHB
Sector Business Services
Buyer(s) Strata Information Group
Deal Type Add-on Acquisition

Target

RHB

Indianapolis, Indiana, United States
RHB is a higher education consultancy that guides colleges and universities in achieving enrollment, retention, and revenue goals and enhancing organizational capability. RHB was formed in 1991 and is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

Strata Information Group

San Diego, California, United States

Category Company
Founded 1987
Sector Information Technology
DESCRIPTION

Strata Information Group is a best-in-class provider of IT services to higher education institutions. The Company offers a range of services including software implementation, cloud migration, digital transformation, database administration, and ongoing support services. Strata Information Group was founded in 1987 and is based in San Diego, California.


DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Indiana) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-08 Triaxiom Security

Charlotte, North Carolina, United States

Triaxiom Security is a cybersecurity firm specializing in penetration testing, compliance auditing, and strategic security services. Triaxiom Security is based in Charlotte, North Carolina.

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