Chapman Associates Announced the Sale of Big Data Technology Firm
Schaumburg, Illinois (PRWEB) July 15, 2013 -- Chapman Associates has announced the acquisition of Yuxi Pacific, an international Big Data technology consulting firm, by a strategically focused private investors group. Chapman Associates represented Yuxi in this transaction.
Yuxi provides specialized content management and digital publishing solutions to clients in the publishing industry, healthcare or any company that creates and manages content. Yuxi has offices in the US, Colombia and China, and has built strong relationships with key players in the industry, including Mark Logic, the leading provider of NoSQL databases.
"Given the complexity of our business, we knew that when looking for the right buyer it will take a very targeted and specialized approach", said Michael Puscar, Yuxi founder and CEO. "With a deep understanding of our industry and cross border experience, Cristian Anastasiu and Chapman Associates were able to present a list of highly qualified and motivated multinational buyers only weeks after engaging with us, and successfully closed a transaction in less than 5 months," added Puscar.
"We are seeing a lot of innovation, growth and consolidation in the digital publishing and content management space," said Cristian Anastasiu, who specializes in M&A in the IT industry. "But what has truly changed recently is that a growing number of small and mid-sized IT companies have international clients and a global presence, and become highly desirable targets for both strategic and financial buyers."
Chapman Associates (http://www.chapman-usa.com) is one of the most respected middle market mergers and acquisitions firms in the country, with focus on select industries, including IT. Chapman has recently represented IT clients in cross-border transactions in Canada, UK, Germany, Switzerland, India, China, Brazil and other countries. Buyers and sellers have trusted Chapman Associates® since 1954. During that time, Chapman has successfully sold over 2,300 companies worth billions of dollars.
Cristian Anastasiu, Chapman Associates, http://www.chapman-usa.com, (312) 423-7810, [email protected]
Share this article