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M&A Deal Summary

Crossfuze Acquires Virteva

On April 10, 2019, Crossfuze acquired information technology company Virteva

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

M&A Deal Summary
Date 2019-04-10
Target Virteva
Sector Information Technology
Buyer(s) Crossfuze
Deal Type Merger
Advisor(s) Piper Sandler & Co. (Financial)
Fredrikson & Byron (Legal)

Target

Virteva

Minneapolis, Minnesota, United States
Virteva provides a full spectrum of ServiceNow support services, from maintenance to enhancements to roadmapping, so you can stay focused on your business and maximize your ROI on ServiceNow. Virteva was founded in 2005 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Crossfuze

Minneapolis, Minnesota, United States
Category Company
Founded 2000
Sector Information Technology
DESCRIPTION

Crossfuze is a provider of consulting, design, implementation services, and resale of the ServiceNow technology platform. The company has deployed over 1,200 successful projects that have helped companies of all sizes achieve digital transformation with ServiceNow. Crossfuze was established in 2000 and is based in Minneapolis, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Merger M&A Deals 1 of 1
State: Minnesota M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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