Here's the Deal
Baird's Investment Banking Group is pleased to announce the following transaction:
Saggezza Inc. (“Saggezza”) has entered into a definitive agreement to be acquired by Infostretch Corporation (“Infostretch”), a portfolio company of Everstone Group and Goldman Sachs Merchant Banking (“Goldman Sachs”). The transaction is subject to various regulatory approvals and customary closing conditions. Terms of the transaction have not been disclosed.
Saggezza is a proven technology and consulting partner that delivers personalized, high-value solutions to accelerate business growth. With nearly 500 technology and business consultants and offices on three continents, Saggezza empowers organizations to unlock the power of enterprise data, accelerate growth, uncover new opportunities and create innovative, operational cultures that help companies thrive. Their five core practice areas include Salesforce, data analytics, digital experience, engineering, and automation. Saggezza is headquartered in Chicago, Illinois.
Infostretch is a pure-play digital engineering services firm focused on helping companies accelerate their digital initiatives from strategy and planning through execution. Infostretch leverages deep technical expertise, Agile methodologies and data-driven intelligence to modernize systems of engagement and simplify human/tech interaction. It delivers custom solutions that meet customers’ technology needs wherever they are in their digital lifecycle. Backed by Goldman Sachs Merchant Banking and Everstone Group, Infostretch works with both large enterprises and emerging innovators — putting digital to work to enable new products and business models, engage with customers in new ways, and create sustainable competitive differentiation. Infostretch is headquartered in Santa Clara, California.
Everstone Group seeks to invest in the sectors of information technology and business services, financial services, healthcare and pharma, consumer and industrials. Everstone Group is one of Asia’s premier investment groups focused on cross border North America -Asia investments as well as domestic investments in India and South East Asia. Everstone Group is headquartered in Singapore.
Founded in 1869, The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm. Goldman Sachs Merchant Banking business is the primary center for the firm’s long-term principal investing activity. Goldman Sachs is one of the leading private capital investors in the world with investments across private equity, infrastructure, private debt, growth equity and real estate. Goldman Sachs is headquartered in New York, New York.
For additional information about this transaction, please contact: