The Baer Group Acquired By The Acacia Group
Sellside advisor to The Baer Group
7 Mile Advisors Announces The Baer Group Has Been Acquired By The Acacia Group
7 Mile Advisors acts as exclusive sellside advisor.
CHARLOTTE, NC – The Baer Group, an Atlanta-based technology consulting and services company, has been acquired by The Acacia Group, a specialist investment firm focused on digital transformation businesses. The Baer Group will form a new platform within the Acacia portfolio as part of Acacia’s strategy to build businesses able to meet the growing demand for skilled talent to lead and support digital transformation initiatives. 7 Mile Advisors acted as the exclusive sellside advisor to the Baer Group throughout the transaction.
“As the war for talent grows stronger and is more imperative now than ever, we experienced a robust process for The Baer Group organization. The business’s key attributes consisted of highly credentialed skillsets of consultants, long-tenured relationships across their vendor partners and customers, and unique tech-enabled recruitment processes. We are excited to have been a part of a great outcome for the team and look forward to their continued success with Acacia,” said Sydney Scadden, Vice President at 7 Mile Advisors.
“The 7 Mile team were valued partners throughout the process,” comments Peter Aaron, President of The Baer Group, “We appreciated their professionalism, experience, and collaboration which played a significant role in a successful outcome for our business and an exciting future with The Acacia Group.”
The Baer Group was established in 1997 as an SAP preferred services provider. Since then, the company has become a trusted partner to Fortune 500 companies and federal systems integrators, supporting digital transformation projects with consultants specializing in Enterprise Resource Planning (ERP), cloud integration, and data transformation. Today, Baer’s project teams specialize in more than just SAP. They’ve expanded to a wide range of enterprise platforms, including Oracle, Salesforce, ServiceNow, AWS, Azure, and Google Cloud.
The acquisition of the Baer Group marks 7 Mile’s 12th successful transaction in 2022. The firm continues to see market conditions that are likely to drive another high-volume year for M&A transactions.
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 The Baer Group
The Baer Group, an Acacia Group company, delivers comprehensive technology services in support of enterprise digital transformation projects. We work to align the best technologies, processes and people to fuel the commercial growth and mission success of our private and public sector clients. Through a combination of our highly experienced staff, our proven best practices, and access to world-class talent, we deliver an approach tailored to the unique needs of each client, with industry-leading expertise across a wide range of enterprise technology platforms including SAP, Oracle, Salesforce, ServiceNow, AWS, Azure and Google Cloud. For further information, visit www.baergroup.com
About The Acacia Group
The Acacia Group is a values-driven technology investment firm. We build businesses that benefit from and deliver digital transformation, creating the conditions for strong and sustainable growth. We empower skilful leaders, shape collaborative cultures, nurture exceptional talent, develop differentiated IP, and build distinctive brands. As independent sponsors, we can focus on creating great businesses with hands-on support for our management teams. This way, we enable the companies in our portfolio to reach new heights of achievement. For more information visit www.acaciagroup.com