M&A Deal Summary

West Monroe Partners Acquires Etherios

On October 26, 2015, West Monroe Partners acquired internet software and services company Etherios from Digi for 9M USD

Acquisition Highlights
  • This is West Monroe Partners’ 1st transaction in the Internet Software and Services sector.
  • This is West Monroe Partners’ largest (disclosed) transaction.
  • This is West Monroe Partners’ 1st transaction in the United States.
  • This is West Monroe Partners’ 1st transaction in Texas.

M&A Deal Summary
Date 2015-10-26
Target Etherios
Sector Internet Software and Services
Buyer(s) West Monroe Partners
Sellers(s) Digi
Deal Type Divestiture
Deal Value 9M USD

Target

Etherios

Dallas, Texas, United States
Etherios, Inc. is a professional services firm and salesforce platinum partner focused on delivering cloud-based sales excellence solutions specifically tailored for the salesforce platform.

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Buyer(S) 1

Buyer

West Monroe Partners

Chicago, Illinois, United States
Category Company
Founded 2002
Sector Business Services
DESCRIPTION

West Monroe Partners is a provider of business and technology consultancy services. West Monroe Partners was founded in 2002 and is based in Chicago, Illinois.

DEAL STATS #
Overall 1 of 10
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 10
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Invoyent

Chicago, Illinois, United States

Invoyent LLC is a consulting company dedicated to supporting health plans and the software vendors that serve the health insurance industry.

Buy -

Seller(S) 1

SELLER

Digi

Hopkins, Minnesota, United States
Category Company
Founded 1985
Sector Technology Hardware
Employees790
Revenue 445M USD (2023)
DESCRIPTION

Digi is the M2M solutions expert, combining products and services as end-to-end solutions to drive business efficiencies. The company provides a broad range of wireless products, a cloud computing platform tailored for devices, and development services to help customers get to market fast with wireless devices and applications. Its entire solution set is tailored to allow any device to communicate with any application, anywhere in the world. Digi was founded in 1985 and is based in Hopkins, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Internet Software and Services) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-06 bluenica

Catharines, Ontario, Canada

bluenica is a company focused on temperature monitoring of perishable goods in the food industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-02 FreshTemp

Pittsburgh, Pennsylvania, United States

FreshTemp is a provider of temperature monitoring and task management solutions for the food industry.

Buy -
Mergr

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