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  5. Solution 6 Holdings Acquires Novient

M&A Deal Summary

Solution 6 Holdings Acquires Novient

On August 12, 2002, Solution 6 Holdings acquired information technology company Novient

Acquisition Highlights
  • This is Solution 6 Holdings’ 1st transaction in the Information Technology sector.
  • This is Solution 6 Holdings’ 2nd transaction in the United States.
  • This is Solution 6 Holdings’ 1st transaction in Georgia.

M&A Deal Summary
Date 2002-08-12
Target Novient
Sector Information Technology
Buyer(s) Solution 6 Holdings
Deal Type Add-on Acquisition
Advisor(s) Genesis Capital (Financial)

Target

Novient

Atlanta, Georgia, United States
Novient, Inc. provides Internet infrastructure solution to professional services organizations.

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Buyer(S) 1

Buyer

Solution 6 Holdings

Sydney, Australia
Category Company
Founded 1981
Sector Software
DESCRIPTION

Solution 6 Holdings, Ltd. (S6HL) develops and markets practice management and enterprise resource planning solutions for professional service organizations, including consulting firms, lawyers, and accountants in Australia, Asia, Ireland, New Zealand, and the United Kingdom.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Georgia M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2002 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-17 CMS/Data

Tallahassee, Florida, United States

CMS/Data Corp. is a client/server financial information management and time-based billing solution for professional services firms. CMS/Data is based in Tallahassee, Florida and employs approximately 250 people worldwide in the development, sales and support of CMS OPEN.

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