Ballantyne Consulting Group Acquired By Pomeroy
A Principal Of 7 Mile Advisors Acted As The Sell-Side Advisor to Ballantyne Consulting Group In The Sale To Pomeroy Computer Resources
Pomeroy Computer Resources “(Pomeroy”) announced the acquisitions of Ballantyne Consulting Group (“Ballantyne”) and System 5 Technologies, Inc. (“System 5”). The strategic acquisitions combined two Charlotte-based firms to create an expanded IT Services platform for Pomeroy. Ballantyne and System 5 complemented Pomeroy’s existing operations by adding approximately $35 million in annual revenue, over 100 technology professionals and additional market penetration in Charlotte, Atlanta, Greenville (SC), Nashville, Raleigh, Richmond and Tampa. Ballantyne and System 5 were technology partners and had jointly executed projects since 1998.
About Ballantyne Consulting Group
Ballantyne Consulting Group provided customized information technology solutions. The company offered a range of services such as business process transformation, package software implementation, e-business solutions, business intelligence, value chain management, decision support technology, and technology architecture and integration. It had strategic partnerships with Oracle, Microsoft, and Macromedia. It was founded in 1998 and was headquartered in Charlotte.