Harren Equity Partners, a private equity firm focused on technology companies, has acquired Synergy Business Solutions. The acquisition, which closed on July 29, 2019, aims to bolster Harren's portfolio of Microsoft Dynamics vertical solutions. No financial details were disclosed.

Acquirer:Harren Equity Partners (US)
Target:Synergy Business Solutions (US)
Type:Acquisition
Closed Date:July 29, 2019
Deal Value:Undisclosed

Deal Mechanics

Harren Equity Partners acquired Synergy Business Solutions on July 29, 2019. The financial terms of the transaction were not disclosed.

Strategic Rationale

The acquisition is aimed at enhancing Harren's position in the Microsoft Dynamics vertical market space. With Synergy’s expertise and established IP portfolio in specific industry segments, Harren seeks to expand its capabilities and service offerings within this niche technology sector.

Financial Context

Synergy Business Solutions had been a leader in customizing and implementing Microsoft Dynamics solutions for medium to large businesses across multiple industries. The undisclosed financial details of the deal indicate that both parties were focused on strategic alignment rather than immediate valuation metrics.

Advisors

The acquisition involved undisclosed advisors from both buy-side and sell-side, as well as legal counsel.

Outlook

Harren Equity Partners anticipates leveraging Synergy's technology solutions to further its own growth objectives within the Microsoft Dynamics market. This strategic move aligns with Harren’s broader vision of expanding their presence in high-growth vertical markets.