Technology Services, Business Services, Global | Mergers & Acquisitions

Hitachi Consulting Acquires Iteration2

  • Hitachi Consulting (HCC) is the global business and IT consulting arm of Hitachi, Ltd. (NYSE: HIT, TSE: 6501), with offices throughout the United States, Asia and Europe
  • Iteration2 is a highly regarded Microsoft national implementation partner, with numerous awards and recognition from Microsoft including Microsoft Business Solutions Partner of the Year
  • TM Capital was retained by HCC to help develop and implement a global acquisition strategy that was focused on select vertical markets and certain core consulting service offerings
  • TM Capital assisted HCC in identifying potential targets and structuring and negotiating the terms of the transaction with Iteration2
  • HCC’s acquisition of Iteration2 expanded its Microsoft delivery capabilities, strengthened its relationship with Microsoft and further enhanced its ability to serve its Fortune 100 client base

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