M&A Deal Summary

Softek Storage Solutions Acquires Elinphant

On December 1, 2021, Softek Storage Solutions acquired business services company Elinphant

Acquisition Highlights
  • This is Softek Storage Solutions’ 1st transaction in the Business Services sector.
  • This is Softek Storage Solutions’ 1st transaction in the United States.
  • This is Softek Storage Solutions’ 1st transaction in New Jersey.

M&A Deal Summary

Date 2021-12-01
Target Elinphant
Sector Business Services
Buyer(s) Softek Storage Solutions
Deal Type Add-on Acquisition

Target

Elinphant

Westfield, New Jersey, United States
Elinphant is a specialist Compliance Consulting firm. Elinphant is based in Westfield, New Jersey.

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Buyer(S) 1

Buyer

Softek Storage Solutions

Vienna, Virginia, United States

Category Company
Founded 1996
Sector Software
DESCRIPTION

Softek Storage Solutions Corp. is a developer of software that reduces the risks, costs, and complexities of managing data storage in multi-vendor mainframe and open system environments.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New Jersey M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1