Sonoma Partners Acquired By Ernst & Young
7 Mile Advisors Acted As The Exclusive Sell-Side Advisor To Sonoma Partners In Their Sale To EY
This marks 7 Mile Advisors’ 34th closed transaction in the Digital Transformation space.
CHARLOTTE, NC – Ernst & Young LLP (EY) announced today that Sonoma Partners, a leading consulting firm specializing in the strategy, design, development and implementation of Microsoft Dynamics CRM and Salesforce CRM solutions, has joined EY in the U.S. The combination brings more than 100 experienced practitioners from the Chicago-based firm into EY’s Digital, Data and Analytics practice.
Sonoma Partners’ strong CRM capabilities enhance EY’s ability to serve a client’s full digital transformation agenda. The transaction expands EY’s offerings and provides a high-quality CRM delivery capability that can be leveraged by EY’s consultants across the globe.
“As we help our clients navigate the Transformative Age, it is critical that we are able to provide a full range of digital transformation tools,” said Greg Jenko, Principal, Ernst & Young LLP and EY Americas Digital, Data and Analytics Leader. “The addition of the Sonoma Partners team adds a critical piece that will help us support our clients in their delivery of exceptional customer and employee experiences, while increasing the efficiency and effectiveness of their sales and service functions. This adds another piece to our already broad set of Microsoft capabilities across the digital transformation landscape.”
“Our team shares EY’s dedication to quality, collaboration, strong client service and maintaining a culture of care,” said Mike Snyder, Co-founder and Partner at Sonoma Partners. “We are committed to delivering the highest quality solutions for our customers and are proud to join an organization that shares this ambition.”
“We’re excited about the union of EY and Sonoma Partners – specifically the combination of EY’s strong client relationships and Sonoma Partners’ mature experience with Microsoft Dynamics CRM,” said Hayden Stafford, Vice President, Business Applications at Microsoft. “Together, EY and Sonoma Partners are well positioned to help drive business transformation for our shared customers across a broad range of industries.”
This deal marks 7 Mile Advisors’ 10th closed transaction in the Salesforce ecosystem, and 34th closed transaction in the Digital Transformation sector. As M&A experts within the Tech-enabled Business Services ecosystem, 7 Mile Advisors has assisted clients through over 120 successful transactions; including two in the past 60 days. 7 Mile Advisors’ laser focus allows for deep insight and knowledge of M&A activity in the ecosystems in which it plays, much of which is described in our sector-specific research reports on 100 unique sectors. Additionally, 7 Mile Advisors regularly releases blogs to disseminate market insights, including our most recent post “CRM: A critical enterprise digital transformation component.”
“Consulting firms adding strategic value to CRM through custom software solutions and strategy remain highly sought-after M&A assets. We pride ourselves on being experts in the Business Services sector, and as the Digital Transformation arena continues to expand we will be there to help clients navigate the buyer universe and properly position their company to prospective buyers.” says John Cooper, Director at 7 Mile Advisors.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
About Sonoma Partners
Chicago-based Sonoma Partners provides technology and business process consulting to enterprise and mid-sized firms. With a focus on Salesforce.com and Microsoft Dynamics CRM, we provide our customers with a choice of top CRM platforms and custom mobile applications. Founded in 2001, we have completed over 500 projects with expertise in working with professional services firms. For more information, visit www.sonomapartners.com.
EY is a global leader in assurance, tax, transaction and advisory services. The insights and quality services we deliver help build trust and confidence in the capital markets and in economies the world over. We develop outstanding leaders who team to deliver on our promises to all of our stakeholders. In so doing, we play a critical role in building a better working world for our people, for our clients and for our communities.
EY refers to the global organization, and may refer to one or more of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. For more information about our organization, please visit www.ey.com.