Deal Details

Accelalpha Is Acquired by IBM

Technology & Services

Accelalpha, a portfolio company of Century Park, acquisition by IBM

Summary

Accelalpha Inc. (“Accelalpha”), a portfolio company of Century Park Capital Partners (“Century Park”), has been acquired by International Business Machines Corporation (“IBM”) (NYSE: IBM).

Baird served as advisor to Accelalpha on this transaction.

About

Accelalpha is a leader in solving critical business challenges through a unique combination of industry insight, technology depth and a world-class team with an unmatched level of experience and domain expertise. Accelalpha leverages its expertise in end-to-end enterprise solution implementations to help companies build integrated logistic capabilities, optimize sales processes, modernize the supply chain and realize benefits of the cloud. Their rigorous, result-oriented approach to developing solutions allows the company to deliver tangible results in a shorter time frame. Accelalpha is recognized by Fortune as a best small and medium workplace and certified as a great place to work.

Century Park Capital Partners is a Los Angeles-based private equity group established in 2000 that invests in family businesses, owner-operated firms and corporate divestitures with the purpose of accelerating growth and transforming these companies into leading industry players. They specialize in acquiring strategically well-positioned yet under-resourced middle market companies with identifiable potential for value creation. They leverage their C-level executive partners (“Century Leaders”) in targeted sectors to build an investment thesis, evaluate opportunities and lead portfolio companies through the value creation process. They further support their investments with proven operational and best practice initiatives, led by their operating team, including buy-and-build acquisition integration programs and infrastructure additions.

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. They help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's long-standing commitment to trust, transparency, responsibility, inclusivity and service.

Technology & Services

Accelalpha, a portfolio company of Century Park, acquisition by IBM