Highlighted Transactions

Technology

 

Deal team

Virteva, LLC

Piper Sandler served as exclusive financial advisor to Virteva, LLC (“Virteva”) on sale to Crossfuze, a portfolio company of RLJ Equity Partners (“RLJ”). Terms of the deal have not been disclosed.

Client Description

Headquartered in Minneapolis, MN, Virteva delivers project-based consulting and managed IT services to accelerate digital transformation and IT maturity. The company’s solutions enable businesses to optimize their digital infrastructure, provide connected end-user experiences and transform work processes, resulting in tangible business outcomes. Virteva is a Gold Sales and Services ServiceNow Partner and was named ServiceNow’s 2018 Partner of the Year.

Counterparty Description

Headquartered in Buffalo, NY, Crossfuze is an independent ServiceNow pure-play company that has the coveted Gold Sales and Services Partner designations. The company has deployed over 1,200 successful projects that have helped companies of all sizes achieve digital transformation with ServiceNow.


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