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Openlogix, a Technology Consulting Firm, Acquired by K2 Partnering Solutions

Openlogix, a Technology Consulting Firm, Acquired by K2 Partnering Solutions

Sellside Advisor to Openlogix


Openlogix, a Technology Consulting Firm, Acquired by K2 Partnering Solutions
The partnership will create synergies and opportunities for Openlogix to gain market share and provide it with a global platform to accelerate expansion in North American and new markets.

CHARLOTTE, NC – Openlogix, a Bloomfield Hills, Michigan-based technology consulting firm specializing in digital transformation and software development, was acquired by K2 Partnering Solutions, a provider of unique end-to-end consultative technology solutions in the enterprise application and software space. 7 Mile Advisors acted as the exclusive sellside advisor to Openlogix throughout the transaction. 

”Steve and Ramani have built a highly valuable Salesforce data integration business to enable complex digital transformation initiatives. We look forward to seeing continued success with K2’s global footprint,” commented Kristina Sergueeva, Managing Director at 7 Mile Advisors.

The acquisition allows K2 to expand within its current ecosystems and provides a unique opportunity to efficiently scale its delivery capabilities and further expand its footprint in the US, India and Latin America. Openlogix’s team of experienced consultants and developers will also enhance K2’s ability to deliver customized solutions to clients.

The partnership will create synergies and opportunities for Openlogix to gain market share and provide it with a global platform to accelerate expansion in North American and new markets.

The acquisition is K2’s 8th since December 2020 and supports the group’s ongoing strategy of growing its portfolio through complementary acquisitions in the consultative technology solutions space.

“We are excited to welcome Openlogix to the K2 family,” said Antonio Gulino, CEO of K2 Partnering Solutions. “Steve, Ramani and the talented Openlogix team have built a great company. Their expertise and experience in digital transformation will strengthen our ability to provide innovative solutions to our clients around the world.”

“Our goal has always been to successfully carry out digital transformations for businesses of all sizes with a core focus on enterprise application integration,” said Steve Lokam, Founder and CEO of Openlogix. “Joining forces with K2 will bring about exciting synergies that will strengthen our unwavering commitment to deliver exceptional services to our valued customers.” Ramani Lokam, Vice President, Operations of OpenLogix said: “We are excited about the potential opportunities that this will bring to our employees. With K2’s widespread presence, it will create new possibilities for our partners and employees worldwide.”

About 7MA
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 7mileadvisors.com.

About Openlogix
Openlogix, based in Bloomfield Hills, Michigan, is a top Salesforce, MuleSoft and IBM business partner with over sixteen years of experience in delivering digital transformation solutions such as enterprise application integration, Customer 360, and application modernization. The firm partners with customers in industries such as Utilities, Financial Services, Insurance, Technology and Telecommunications. For more information, visit open-logix.com.

About K2
K2 Partnering Solutions continues to support leading corporate enterprises seeking highly-skilled human capital and integrated solutions to develop, implement and operate critical technology and business solutions. The business provides an integrated end-to-end offering of Talent Solutions, Managed Solutions, Education and Human-Cloud Communities. For more information, visit k2partnering.com

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