- CedarCrestone, one of the largest, independent Oracle pure-play consultancies and managed services providers, retained TM Capital to evaluate a number of strategic alternatives
- TM Capital assisted CedarCrestone in structuring and negotiating the sale of the company to Golden Gate Capital, and in formulating a strategic partnership with Sierra Systems
- Following Oracle’s acquisition of PeopleSoft in 2005, TM Capital architected the merger between Alchemy-backed, The Cedar Group, and Crestone International – two leading PeopleSoft service providers
- TM Capital has served as CedarCrestone’s advisor over the past six years and assisted the company with a variety of strategic initiatives including the acquisition of E2E Consulting in 2008
- Golden Gate Capital, a global private equity firm with approximately $8 billion of capital, has made multiple acquisitions in the IT services sector, including its 2006 acquisition of Sierra Systems
Client Testimonial
TM Capital was the original architect of the merger that formed CedarCrestone in 2005 and they have worked tirelessly to support the company and our investors on a variety of strategic initiatives over the past six years. Their deep understanding of the IT services landscape and industry relationships have proved invaluable. In our acquisition by Golden Gate Capital, their expert negotiating skills and quality of service were critical in enabling us to structure a transaction that exceeded the expectations of our investors and our management team.””Cal Yonker, CEO, CedarCrestone