Divestiture • Information Technology

Signature Technology Group Acquires GlassHouse Technologies - US Consulting Division

On April 16, 2014, Signature Technology Group acquired information technology company GlassHouse Technologies - US Consulting Division from GlassHouse Technologies

Acquisition Context
  • This is Signature Technology Group’s 2nd transaction in the Information Technology sector.
  • This is Signature Technology Group’s 3rd transaction in the United States.

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M&A Deal Summary

Date April 16, 2014
Target GlassHouse Technologies - US Consulting Division
Sector Information Technology
Buyer(s) Signature Technology Group
Sellers(s) GlassHouse Technologies
Deal Type Divestiture

Target Company

GlassHouse Technologies - US Consulting Division

United States
GlassHouse Technologies - US Consulting Division is one that is known for its thought leadership, its deep technical aptitude, and for its focus on delivering customer satisfaction. Company provides consulting, delivery management, and information technology (IT) services and is located in the United States.
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Buyer Overview 1

Buyer

Signature Technology Group

Phoenix, Arizona, United States

Category Company
Founded 1990
Sector Information Technology
DESCRIPTION

Signature Technology Group, Inc. is a provider of data center and professional services throughout North America.


Deal Context for Buyer #
Overall 3 of 3
Sector: Information Technology 2 of 2
Type: Divestiture 3 of 3
Country: United States 3 of 3
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-12-17 Global Resources - Technical Recruiting Division

United States

Global Resources - Technical Recruiting and Deployment Services division will continue to round out STG’s portfolio of services: data center maintenance services, professional services & delivery, and IT technical staffing.

Buy -

Seller Profile 1

SELLER

GlassHouse Technologies

Framingham, Massachusetts, United States

Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Glasshouse Technologies provides data center information technology (IT) consulting, implementation, and managed services in North America, Europe, and the Middle East. The company delivers IT services through Transom, which consists of software tools, methodologies, and subject matter expertise, serving clients in various industries, including financial services and insurance, energy, healthcare and medical, travel and entertainment, and government agencies through direct sales professionals, as well as through indirect sales channels. GlassHouse Technologies is based in Framingham, Massachusetts.


Deal Context for Seller #
Overall 2 of 2
Sector: Information Technology 2 of 2
Type: Divestiture 2 of 2
Country: United States 2 of 2
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-01 GlassHouse Technologies - Customer Support Services Division

United States

GlassHouse Technologies - Customer Support Services (CSS) Division is a provider of Customer Support Services also increasing its coverage, worldwide, for its support and delivery services.

Sell -