M&A Deal Summary

Redwood Technologies Acquires Potomac Integration and Consulting

On April 8, 2021, Redwood Technologies acquired engineering company Potomac Integration and Consulting

Acquisition Highlights
  • This is Redwood Technologies’ 1st transaction in the Engineering sector.
  • This is Redwood Technologies’ 1st transaction in the United States.
  • This is Redwood Technologies’ 1st transaction in Maryland.

M&A Deal Summary

Date 2021-04-08
Target Potomac Integration and Consulting
Sector Engineering
Buyer(s) Redwood Technologies
Deal Type Add-on Acquisition

Target

Potomac Integration and Consulting

Columbia, Maryland, United States
Potomac Integration and Consulting is an engineering firm that specializes in designing and migrating clients to next-generation unified communication applications and hardware. PIC leads all aspects of system engineering efforts associated with product development, architectural design, and operational support of new and existing technologies for its clients. Potomac Integration and Consulting was founded in 2006 and is based in Columbia, Maryland.

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Buyer(S) 1

Buyer

Redwood Technologies

Bracknell, United Kingdom

Category Company
Founded 1993
Sector Communications
DESCRIPTION

Redwood Technologies Ltd. is a provider of communications technology and cloud contact centre solutions. Redwood, which owns the cloud communications provider Content Guru, has deployed communications solutions to more than 50 countries from its offices in Europe and North America.


DEAL STATS #
Overall 1 of 1
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1