Seattle, WA (PRWEB) May 28, 2014
Onyx Associates, a leading boutique M&A Advisory firm founded in San Francisco in 2002, today announced that it will merge its operations with The Corum Group, the world’s leading software and technology M&A firm. Corum, based in Seattle, will acquire all the assets of Onyx Associates. Terms of the transaction were not disclosed.
Onyx Associates’ Founder and CEO, John Simpson said, “We are very excited to join the Corum Group and their global platform. Their focus on software M&A plays to our historical strengths, and we are looking forward to contributing to their ongoing growth plans.” Simpson joins Corum as Senior Vice President
Corum President Nat Burgess said “Onyx Associates’ 12 year history and reach into the Silicon Valley and other West Coast technology markets will accelerate our current growth trajectory. We remain interested in other successful M&A firms as possible targets for acquisition.”
“We are particularly excited to welcome John Simpson to the team. John ran business units for BMC and other leading software organizations for 20 years before founding Onyx. He will add tremendous value to our clients.”
Onyx Associates was founded in 2002 to serve the M&A needs of the lower mid market in the SF Bay Area, and has consistently delivered high levels of service to a wide range of corporate clients during many sell-side, buy-side and capital raise engagements.
Corum Group is the global leader in merger and acquisition services, specializing in serving software and information technology companies worldwide for 29 years, with offices in eight countries. Experience makes the difference: Corum’s M&A advisors have completed more than 300 software M&A transactions across six continents, working with its clients through a proven business model to drive more than $7B in transaction value. Corum also does much to educate the industry with its conferences and webinars and the industry’s most widely distributed software and IT M&A research.