Cascadia Capital, an investment bank serving middle market clients globally, today announced it acted as the exclusive financial advisor to Xtreme Consulting Group (“Xtreme”), a talent and IT solutions company, in its acquisition by Digital Intelligence Systems, LLC (“DISYS”), a provider of global contingent labor and IT project solutions.
Based in the Pacific Northwest with operations throughout the United States, Xtreme partners with leading consumer and technology companies to provide the talent resources, operational expertise and comprehensive staffing solutions they need to efficiently grow their businesses and accelerate success.
DISYS is a services and staffing firm with 33 offices worldwide. The acquisition of Xtreme is an important milestone in DISYS’ strategic growth plan, scaling its revenues with the addition of 50 new clients and adding technical capabilities previously unavailable within its service offering.
“By leveraging DISYS’ global footprint and expertise in IT solutions and top-notch provision of talent, Xtreme’s clients will be able to increase productivity on critical IT and business initiatives by being able to engage with a proven partner in the space,” said Greg Rankich, Chief Executive Officer of Xtreme Consulting Group. “The sale will enable DISYS to solidify a presence in some rapid growth regions and continue supporting clients in those areas with highly skilled employees.”
This acquisition represents another successful transaction for Cascadia in the business services sector. Past transactions include the acquisition of SwervePoint by Bensussen Deutsch & Associates, and the sale of SolutionsIQ to Accenture.