Microsoft Business Unit of SADA Systems acquired by Core BTS, Inc.

7 Mile Advisors Closes Fourth Microsoft Transaction In The Past 12 Months

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CHARLOTTE, N.C. — The Microsoft Business Unit of SADA Systems (SADA), a privately owned global leader in business and technology consulting and IT services, has been acquired by Core BTS (Core), a national IT solutions, security and managed services provider. 7 Mile Advisors (7 Mile), a leading middle market investment bank specializing in IT Services, acted as the exclusive sell-side advisor to SADA Systems.

This sale marks 7 Mile’s fourth successful transaction in the Microsoft ecosystem, and eighth in the Cloud Infrastructure space, in the past 12 months. In 2018 the firm acted as the exclusive sell-side advisor to Sonoma Partners in their sale to Ernst & Young, and to Intellinet in their sale to FPT. 7 Mile has successfully closed over 150 transactions, and continue to be active in the IT & Business Services space. The team regularly publishes research on the Microsoft Ecosystem which is available on their website for download.

“The 7MA team knows our industry dynamics and has a global reach. They are a senior team that worked well with us. Most importantly, they were accountable. They said what they would do, and they did it, and then some,” stated Tony Safoian, CEO & President, SADA Systems. “This all translated into demonstrable value add for SADA. I highly recommend 7MA”.

This acquisition is part of Core’s ongoing strategy to expand its services portfolio, including its managed service capabilities, across the United States. In August 2018, Core was acquired by Tailwind Capital, a middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, business services and industrial services.

SADA’s Microsoft practice is a premier Microsoft Cloud Solutions Provider (CSP), holding multiple Gold competencies, with a proven track record in enterprise consulting, cloud platform migration, custom application development, managed services, user adoption and change management.

“This acquisition strengthens our strategic partnership with Microsoft and expands our relationships with many tremendous clients,” said Core CEO Walter Cook. “Our talented team will continue to offer our clients the industry-leading services and solutions that help them advance their businesses through technology. I am excited to welcome the employees to the Core family.”

Core has an established IT services and cloud solutions portfolio focused on Network, Data Center, Collaboration and Security. The addition of SADA’s Microsoft business unit greatly expands these capabilities, strengthening Core’s professional and managed services, as well as end user adoption for the broader Microsoft solution set. With the addition of SADA’s Microsoft team, Core now adds significant capabilities to address its customers’ increasing demand for Azure and Office 365 cloud solutions.

“Microsoft continues to dominate the productivity space and is experiencing accelerated growth in the cloud through its Azure offering. This success has made companies like SADA’s Microsoft business highly valuable in the fragmented Microsoft partner ecosystem. We expect consolidation to continue, specifically within Azure,” said 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 SADA Systems
SADA Systems, Inc. is a privately-held global leader in providing business and technology consulting services that transform organizations through innovative cloud-based solutions. As a Google Cloud Premier Partner, SADA Systems has gained global accolades as an exceptional service provider with proven expertise in enterprise consulting, cloud platform migration, custom application development, managed services, user adoption and change management. SADA Systems has been recognized on the Inc. 5000 America’s Fastest Growing Private Companies for 11 years, CRN’s MSP Elite 150, the 2018 Best Places to Work in Los Angeles and 2018 Inc. Magazine’s Best Workplaces.

About Core BTS
Core BTS (Core) is a solution provider focused on customer-centric software, technology and related IT infrastructure and technology services to corporate and public sector clients. Core solves complex business needs across networking, collaboration, security and data center infrastructure. Core’s capabilities include technical support and managed services of existing infrastructure, security and networking advisory and assessments and remote monitoring support for hardware and software.

About Tailwind Capital
Tailwind Capital is a middle market private equity firm focused on growth-oriented investments in targeted sectors within healthcare, business services and industrial services. Tailwind partners with experienced management teams and entrepreneurs to transform businesses through organic growth initiatives, acquisitions, and operational and strategic investments. Since inception, Tailwind has managed $3.6 billion of committed equity capital, and has invested in 39 portfolio companies and over 90 add-on acquisitions.