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has been acquired by

a white and blue sign

Tactics is a provider of systems integration and technology consulting services, specializing in database solutions.

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Tactics, Inc.

Type

M&A Sell-Side

Description

Croft & Bender was engaged by Tactics, a technology consulting firm, to analyze and negotiate an unsolicited acquisition offer and explore other potential buyers. After evaluating the market and other potential acquirers, Croft & Bender determined it was best to approach additional parties. They successfully negotiated the sale of Tactics to Stonebridge Technologies, a private company backed by William E. Simon & Sons and Mellon Ventures, providing Stonebridge a strong foothold in the Southeast.

a white and black sign

has been acquired by

a white and blue sign

Tactics is a provider of systems integration and technology consulting services, specializing in database solutions.

About

Tactics is a technology consulting firm focused on database services, e-commerce custom development, and packaged application deployment.

Situation

The Company approached Croft & Bender after having received an unsolicited offer from a potential acquirer. Croft & Bender was hired to analyze and negotiate the proposed transaction and potentially market the Company to other interested parties. After evaluating the current offer, analyzing the industry and assessing other potential buyers, Croft & Bender determined it was in the best interest of Tactics to approach other acquirers.

Result

Croft & Bender successfully sold Tactics to Stonebridge Technologies. Stonebridge was a private company, backed by William E. Simon & Sons and Mellon Ventures, and purchased Tactics to gain a strong foothold in the Southeast.