Private UK technical advice extends Crosslake’s global expertise
CHARLOTTE, NC, Jan. 18, 2023 (GLOBE NEWSWIRE) — Crosslake Technologies, a leader in data-driven technology consulting for business enterprises and their companies, announced today the acquisition of Intechnica, an active technology company. , creating value and selling digital products and solutions. Based in Manchester, England, Intechnica will continue Crosslake’s global growth strategy.
“Our mission is to help investors and management teams create value by providing the most valuable technology, data and tools,” said Crosslake CEO, Barr Blanton. “Intechnica has built a stellar team with the same vision and expertise to help. In addition to their incredible reputation as consultants, Intechnica is also uniquely positioned to use its digital labs and data science expertise to help companies take action on well-known challenges. technologies that are discovered in a fast time, accelerate the development of products and solutions that lead to lasting results.”
“Together, the combined teams of Crosslake and Intechnica will be a leader in Europe, strengthening each other’s strengths and accelerating value creation for customers,” said Intechnica founder Jeremy Gidlow. “Crosslake’s experience, data and technology – especially in the areas of cyber security, engineering and business processes – complement our offer and allow us to create satisfactory solutions for customers. At the same time, we are also able to expand Crosslake’s global reach. to increase the impact of laboratories our digital and data science projects.”
Crosslake is backed by Charlotte-based firm Falfurrias Capital Partners, and the purchase of Intechnica is the fourth sign of Crosslake’s growth since 2020. It has expanded its offerings in the areas of cybersecurity, business systems, integration and graphics.
“With a clear vision and a strong leadership team, Crosslake continues to strengthen its position as a leading strategic advisory firm for investors and their companies,” said Wilson Sullivan, partner at Falfurrias Capital Partners. “They have a proven track record of growing their solutions by finding companies that share their commitment to customer service and technical thought leadership.”
Crosslake was founded in 2010 by an original member of Microsoft’s Engineering Excellence team with the mission of helping changemakers buy, build and manage technology that creates value. Crosslake’s team of unparalleled professionals – veteran CTOs, CIOs, architects and engineers – have the skills to translate technical words into actionable, business-focused solutions. Their timely judgment is supported by the official Corsis® platform, which leverages data from more than 3,500 M&A technology experts to define objective, predictable TechIndicators® that business investors and management teams rely on to provide value-added strategies and inform efforts. Learn more at: www.crosslaketech.com.
More on Intechnica
Intechnica assesses, advises and develops technology for the UK’s fastest growing companies. Founded in 2006, Intechnica works in partnership with businesses, investors and entrepreneurs to develop technology to make a difference. A trusted advisor to business enterprises, Intechnica’s expert analysis and technical diligence have helped more than 350 companies worldwide, with a value of more than $15 billion. Intechnica’s technology consulting firm supports growing companies as they grow, providing technical leadership, technical expertise, leadership and reporting. These services are enhanced by Intechnica’s digital labs, which help businesses realize their value through the use of advanced technologies, simulations in finance, sales, healthcare, manufacturing and public services. Find out more at: www.intechnica.com.
Opinions of the company Falfurrias Capital Partners
Falfurrias Capital Partners is a Charlotte-based private equity investment firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan. The company has raised more than $1.9 billion in five funds and has invested in growing, middle-market businesses in sectors where the company’s operational tools, relationships and sector expertise can be used to support large groups of companies in support of growth objectives. Falfurrias Capital Partners uses a proprietary, research-based approach called “Industry First” to identify markets with sustainable growth, make research-based recommendations, and partner with management teams to create value. For more information, visit www.falfurriascapital.com.
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Figure 1: Crosslake
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