Generational Equity Announces Sale of Cubed Group to CompassMSP
By Generational Equity
06/15/2017
Generational Equity, a leading mergers and acquisitions advisor for privately held businesses, is pleased to announce the sale of its client, Cubed Group Inc., to CompassMSP LLC, a company backed by a number of private equity investors. The acquisition closed March 2, 2017. Details were not disclosed.
Cubed Group, based in Coral Gables, Florida, is a full-service provider of managed information technology, hardware, and networking solutions. Founded in 2004, it offers enterprise-level IT practices and solutions to small and medium businesses.
"We are proud of what we have built at Cubed Group, and we are delighted to join the CompassMSP team to continue our growth," said Cubed Group CEO William Sanchez.
"We are an extension of our customers' operations team – we're their IT and telecom partners – and this combination with Compass will enable us to continue delivering high-quality services to our customers including in the area of cloud services and security services."
Sanchez will stay on with CompassMSP as Regional Vice President, Miami.
CompassMSP, a portfolio company of Bilgola Capital and other investors, entrepreneurs and technology executives, is an emerging managed service provider (MSP) that provides comprehensive managed IT, private/public cloud, and cybersecurity services.
In addition to Cubed Group, CompassMSP recently acquired WorldwideIT, headquartered in Jacksonville, Florida, to unite companies with complementary services and to deliver a broad portfolio of capabilities to small and medium businesses in the southeastern U.S.
These acquisitions are part of CompassMSP's plans to build a premier provider of managed services including on-premise, private cloud and public cloud services for small and mid-sized businesses.
Generational Equity's Senior Managing Director Terry Stidham established the relationship with Cubed Group, and Managing Director Julie Sandoval's team, led by trusted affiliate Mario Dieckmann with support from Generational Equity VP Rebecca Gruman, successfully closed the deal.
"Working with the sellers and buyer was a pleasure," said Dieckmann. "Both sides were articulate and professional throughout the transaction."
About Generational Equity
Generational Equity, part of the Generational Group headquartered in Dallas with over 200 professionals located throughout North America, helps business owners release the wealth of their business by providing merger, acquisition and strategic growth advisory services.
Their four-step approach features exit planning education, business valuation, value enhancement strategies, and M&A transactional services. The M&A Advisor recently named the company its 2016 Investment Banking Firm of the Year.
For more, visit http://www.genequityco.com or the Generational Equity press room.
About Generational
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.