M&A Deal Summary

New Era Technology Acquires Cameo Solutions

On October 29, 2019, New Era Technology acquired internet software and services company Cameo Solutions from Cameo Global

Acquisition Highlights
  • This is New Era Technology’s 1st transaction in the Internet Software and Services sector.
  • This is New Era Technology’s 2nd transaction in the United States.
  • This is New Era Technology’s 1st transaction in Ohio.

M&A Deal Summary

Date 2019-10-29
Target Cameo Solutions
Sector Internet Software and Services
Buyer(s) New Era Technology
Sellers(s) Cameo Global
Deal Type Divestiture

Target

Cameo Solutions

Cincinnati, Ohio, United States
Cameo Solutions is a cloud Contact Center solution provider.

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Buyer(S) 1

Buyer

New Era Technology

New York, New York, United States

Category Company
Sector Information Technology
DESCRIPTION

New Era Technology provides a comprehensive suite of managed services and systems integration capabilities for a wide range of IT solutions, including collaboration, data networking, and security. New Era Technology is based in New York, New York.


DEAL STATS #
Overall 2 of 5
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 2 of 5
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-03 New Era Technology

West Chester, Pennsylvania, United States

New Era Technology, Inc.(old) is a technology specialized integrator of professional audiovisual systems for business, education, government, and healthcare marketplaces. New Era Technology, Inc.(old) is founded in 1985 and is based in West Chester, Pennsylvania.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-14 FlexManage

Chicago, Illinois, United States

FlexManage is a provider of critical information technology and business services for customers ranging from large, multi-national corporations to small partnerships. FlexManage is the preferred outsourced solution across multiple disciplines including managed services, network integration, business intelligence applications, and IT strategy and execution for clients across numerous industries.

Buy -

Seller(S) 1

SELLER

Cameo Global

Pleasanton, California, United States

Category Company
Founded 1994
Sector Information Technology
DESCRIPTION

Cameo Global, Inc. is an IT professional services and communication company providing managed, collaboration solutions and contact center technologies.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Ohio M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 InfoReach

San Bruno, California, United States

SendHub is an online messaging application that allows businesses to communicate with their customers and employees.

Buy -