Tequity, an M&A advisory firm with an exclusive focus on global enterprise cloud, software, and digital transformation companies, acted as the exclusive financial advisor to The Crevalle Group, a Salesforce partner headquartered in Atlanta, Georgia, in their acquisition by K2 Partnering Solutions, the global leader in consultative technology solutions. This strategic acquisition, which was completed on December 31, 2020, will expand K2’s existing footprint within the Salesforce ecosystem in North America.
This marks Tequity’s 11th successful Salesforce cloud ecosystem transaction.
Will Drescher, President of The Crevalle Group, said “The team and I are excited to join forces with K2 as we both strive to provide the highest level of service along with the best Salesforce talent.”
On his experience working with Tequity, he added “The Crevalle Group, as a leading supplier of Salesforce talent, selected Tequity to assist in finding an acquisition partner as Tequity knows the Salesforce ecosystem extremely well.”
Alex MacKay, Managing Partner at Tequity shared “We have invested extensively into the SFDC consulting partner and AppExchange ecosystems. The current valuation and key metrics knowledge that we have are street smart, based on our experience gained on multiple transactions working firsthand with buyers and sellers. Tequity also understands the most in-demand (highly valued) cloud solutions. All of this means we know how to match SFDC sellers with the best suited buyers.”
The Crevalle Group provides services in the United States and Canada that include Salesforce staff augmentation, managed services/enhancements/support, training, and contract & permanent staffing.
K2 Partnering Solutions are headquartered in London, UK, with offices around the globe. The company’s unparalleled understanding of the technology landscape and industry verticals means we provide unique consultative solutions in the Enterprise Cloud and on Premise, Predictive Analytics & Big Data, Social & Enterprise Mobility, Cyber Security, Artificial Intelligence and Robotics markets.
Commenting on the acquisition, Lori Larson, K2’s President of the America’s, said “I am thrilled that Will Drescher and team are joining K2. They will play a key role in our continued Cloud Market position and expansion. The combination of K2 and Crevalle provides a powerful solution to our valued consultants and clients.”