July 01, 2019
Swizznet, a heading provider of cloud services and IT resources to CPA firms and accounting departments announced currently that it has been acquired by Bluff Point Associates.
Since rising a association in Mar 2007, Swizznet has turn a heading actor in a ITaaS space hosting Sage and QuickBooks applications in a SMB markets. Swizznet’s palliate of use and Obsessive Support® indication has been embraced by CPA practices and accounting firms both vast and tiny looking for an affordable, cloud-based resolution that is easy-to-use, arguable and secure.
“We’re anxious that Bluff Point Associates believes in a enlargement intensity as many as we do,” pronounced Mike Callan, CEO of Swizznet. “The execution of this merger will concede for additional appropriation to gain on a marketplace event and keep us on lane with a enlargement and product expansion strategy. Additionally, we will fill critical sales and support roles that will accelerate a flourishing share of a market.” All of Swizznet’s gifted government group and staff will sojourn with a business in their stream roles.
As partial of a transaction, Bluff Point Associates Managing Director Kevin Fahey will join a Swizznet Board of Directors. “We are really vehement to partner with Mike and Kristin Callan and a Swizznet group to raise a existent enlargement opportunities, though during a same time precedence their Obsessive Support® indication that has proven to be truly differentiating in a marketplace.” he said.
Madison Park Group acted as investment banking confidant to Bluff Point Associates on this transaction. Swizznet was represented by Growth-Point Technology Partners, an investment bank formed in Silicon Valley.
Swizznet, a Sage-Authorized Partner, an Intuit-Authorized Commercial Hosting provider and a Microsoft Cloud Solution Provider, offers hosting solutions that commission accountants and businesses to giveaway themselves from in-house infrastructure and IT headaches so that they can bond and combine from any mechanism or device. Swizznet offers an on-demand Marketplace and uses a latest cloud computing record and collection to yield a fastest, many arguable cloud entrance to Sage and QuickBooks desktop applications. They backup their resolution with Obsessive Support® and service, for a ultimate cloud accounting solution.
For some-more information, greatfully call 1-888-794-9948 or revisit https://www.swizznet.com.
About Bluff Point Associates:
Bluff Point Associates is a private equity organisation formed in Westport, Connecticut. Bluff Point actively invests in a medical information services zone as good as information services companies ancillary a banking, trust, securities, retirement and resources government sectors of a financial services industry. Bluff Point’s group collectively has decades of knowledge in noticing a company’s enlargement intensity and operative with a government to strech that potential. For some-more information per Bluff Point, revisit http://www.bluffpt.com.