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  5. Synechron Acquires Cloobees

M&A Deal Summary

Synechron Acquires Cloobees

On October 28, 2024, Synechron acquired information technology company Cloobees

Acquisition Highlights
  • This is Synechron’s 8th transaction in the Information Technology sector.
  • This is Synechron’s 4th transaction in the United Kingdom.

M&A Deal Summary
Date 2024-10-28
Target Cloobees
Sector Information Technology
Buyer(s) Synechron
Deal Type Add-on Acquisition
Advisor(s) TH Global Capital (Financial)

Target

Cloobees

London, United Kingdom
Cloobees is a Salesforce implementation partner specialising in industry consulting. The company helps businesses streamline processes and drive accelerated digital transformation leveraging the Salesforce platform. It offers a comprehensive range of services, from initial discovery to post-implementation support, delivering scalable and efficient Salesforce solutions that empower businesses to achieve sustained growth. Cloobees was formed in 2020 and is based in London.

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Buyer(S) 1

Buyer

Synechron

New York, New York, United States
Category Company
Founded 2001
Sector Information Technology
DESCRIPTION

Synechron, Inc. is a software solutions and services provider to the financial services industry.

DEAL STATS #
Overall 14 of 17
Sector: Information Technology M&A 8 of 11
Type: Add-on Acquisition M&A Deals 14 of 17
Country: United Kingdom M&A 4 of 5
Year: 2024 M&A 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-26 Chamonix IT

Adelaide, Australia

Chamonix IT IT empowers businesses to excel through transformative IT services. Serving both enterprise and government organizations, Chamonix IT delivers tailored solutions that ensure long-term success. Chamonix IT's expertise spans Advisory, Cloud & Infrastructure, Application Innovation, Security, and Managed Services, enabling businesses to remain competitive and innovative in an ever-evolving landscape. Chamonix IT was formed in 2010 and is headquartered in Adelaide, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-02 RapDev

Boston, Massachusetts, United States

RapDev is an IT consultancy specializing in servicenow and datadog implementations, serving enterprise clients with DevOps and observability solutions. RapDev was founded in 2017 and is based in Boston, Massachusetts.

Buy -
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