M&A Deal Summary

Apexon Acquires Rumba Solutions

On January 12, 2018, Apexon acquired information technology company Rumba Solutions

Acquisition Highlights
  • This is Apexon’s 1st transaction in the Information Technology sector.
  • This is Apexon’s 1st transaction in the United States.
  • This is Apexon’s 1st transaction in Michigan.

M&A Deal Summary

Date 2018-01-12
Target Rumba Solutions
Sector Information Technology
Buyer(s) Apexon
Deal Type Add-on Acquisition
Advisor(s) Greenwich Merchant Bank (Financial)

Target

Rumba Solutions

Southfield, Michigan, United States
Rumba Solutions LLC is a IT staffing and services firm, focused on delivering high quality technology solutions to small, midsize and Fortune 500 companies. Through its highly experienced team and extensive network of IT personnel, the Company provides its customers with expert consulting services, business intelligence solutions, end-to-end custom application development and full cycle application development.

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Buyer(S) 1

Buyer

Apexon

Southfield, Michigan, United States

Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Apexon is a digital transformation and technology solution provider to global enterprise companies. Technosoft has deep expertise in product engineering, mobility applications, Cloud service, data science, and machine learning solutions. Apexon was founded in 1996 and is based in Southfield, Michigan.


DEAL STATS #
Overall 1 of 2
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
State: Michigan M&A 1 of 1
Country: United States M&A 1 of 2
Year: 2018 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-06 Adapty

Cranford, New Jersey, United States

Adapty specializes in B2C and B2B enterprise eCommerce solutions. Our teams have deep expertise in Salesforce Commerce, Oracle CX Commerce, Sitecore DXP/Commerce, Adobe Magento, and Insite Commerce solutions. Adapty was founded in 2014 and is based in Cranford, New Jersey.

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