ConvergeOne Acquires NuAge Experts
Buyside Advisor to ConvergeOne
The acquisition will aid in expanding ConvergeOne’s capabilities to fully integrate Salesforce as part of the customer experience.
CHARLOTTE, NC – ConvergeOne, a leading IT services provider of collaboration, cloud, and digital infrastructure solutions, acquired NuAge Experts (“NuAge”), a Boulder, Colorado-based premier Salesforce service provider. 7 Mile Advisors (“7 Mile”) acted as the exclusive buyside advisor to ConvergeOne through the process.
This transaction marks 7 Mile’s thirteenth Salesforce Partner transaction, following transactions such as Sundog’s sale to Perficient, Sonoma Partners’ sale to Ernst & Young, and Summa’s sale to CGI.
“ConvergeOne is a true leader in the collaboration solutions space with a sharp focus on evolving its platform to provide the best solutions for its clients. Salesforce is one angle that will allow them to continue to differentiate in its market. It was a pleasure to work with the team in their first acquisition in the Salesforce ecosystem,” said John Cooper, Managing Director, 7 Mile Advisors.
“Leveraging the innovation and creativity of John Cooper and the 7 Mile team, coupled with the customer and employee centric values of ConvergeOne, were key enablers to the successful culmination of the acquisition of NuAge Experts,” said Paul Maier, Managing Director, ConvergeOne.
ConvergeOne serves as a trusted advisor to more than 13,000 customers, including 66% percent of the Fortune 100 and 50% percent of the Fortune 500 customers across the Education, Healthcare, Finance, Manufacturing, and Energy industries. With NuAge Experts, ConvergeOne will provide even more comprehensive cloud-based solutions adding leading-edge Salesforce integration and support capabilities to its already extensive portfolio of customer experience solutions.
Since its inception in 2015, NuAge Experts has helped organizations implement the Salesforce ecosystem to ensure better customer service, improved sales processes, and closer engagement with their employees and partners. With the help of a team of experts with over 235 certifications, NuAge Experts also provide campaign management, data, and managed services alongside their Salesforce expertise.
“We are thrilled to welcome NuAge Experts to ConvergeOne,” said John A. McKenna Jr., Chairman and CEO, ConvergeOne. “This acquisition strengthens our service delivery capabilities and cloud leadership with a dedicated group of sales and technical professionals who share our passion for delivering world-class customer experiences. Together, we will provide transformative cloud and managed service offers to support customer business outcomes in a digital-first world.”
7 Mile’s long-term focus on serving Business Services & Technology firms has led to them to successfully advise on 13 transactions in the Salesforce ecosystem, reaffirming that M&A activity in this space remains robust. For this more information on 7 Mile’s services, recent transactions, and research, visit 7mileadvisors.com
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, as well as 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.
ConvergeOne is a proven, services-led cloud solution provider that utilizes its intellectual property and unique methodologies to create value for customers and develop progressive solutions that connect people with purpose. Over 13,000 enterprise and mid-market customers trust ConvergeOne to achieve their business outcomes with cloud, collaboration, enterprise networking, data center, and cybersecurity solutions. Their investments in cloud infrastructure and professional and managed services provide transformational opportunities for customers to achieve financial and operational benefits with leading technologies. Their 2020 NPS of 71, placing them in the World Class category for the third consecutive year, is a testament to their ability to provide customers with the highest level of customer satisfaction, responsiveness, and expertise. ConvergeOne has partnerships with more than 300 global industry leaders, including Avaya, Cisco, IBM, Genesys, Microsoft, and AWS to customize specific business outcomes. We deliver solutions with a total lifecycle approach, including strategy, design, and implementation with professional, managed, and support services. ConvergeOne holds more than 5,300 technical certifications across hundreds of engineers throughout North America, including three Customer Success Centers.