BOSTON -- Boston Corporate Finance, a technology-focused investment banking firm and member of M&A International Inc., the worlds leading M&A alliance, announced that it has successfully advised OKERE, Inc. in its sale to Fujitsu Consulting, the North American consulting and services arm of Fujitsu Limited. OKERE is a privately-held, New York City-based leader in consulting services for Software-as-a-Service (SaaS)-based Customer Relationship Management (CRM) and other enterprise information solutions.
This acquisition is a testament to the increasing demand we are seeing in the marketplace for software-as-a-service applications and the dedicated services required to maximize their effectiveness, commented Murray Beach , President of Boston Corporate Finance. As the market for SaaS solutions continues to grow, expand to new applications and move upstream to large enterprise deployments, the IT services sector will need to grow and adapt with it. With OKERE, Fujitsu Consulting has taken the early lead in this evolution.
The acquisition will form the basis of a new business unit within Fujitsu Consulting that will focus on providing a broad range of SaaS-based services and offerings. OKEREs senior management team will remain with Fujitsu Consulting, providing continued leadership in business development and managing the progressive growth of the new unit.
OKERE has enjoyed remarkable year-over-year growth since its inception by focusing on exceptional client service and delivery excellence in the fast-growing SaaS market, said John Orrock, CEO and founder of OKERE. We are very excited to become part of Fujitsu Consulting
combining our expertise in SaaS-based CRM solutions with the scale, global reach and resources of Fujitsu Consulting will enable us to further leverage our strong relationship with Salesforce.com for enterprise scale SaaS-based CRM applications and vertical solutions.
Boston Corporate Finance Inc.