News & Insights

Cascadia Capital Advises UMT 360 in Acquisition by Teleo Capital

May 2, 2019

Cascadia Capital, an investment bank serving middle market clients globally, today announced it acted as the exclusive financial advisor to UMT360 (“UMT”), a leading provider of Enterprise Project Portfolio Management (“PPM”) software and consulting services, in its acquisition by TELEO Capital (“TELEO”).

Based in Bellevue, Washington, UMT’s solutions provide Portfolio Management Office (“PMO”), IT, business and finance leadership with the critical planning and controls needed to optimize enterprise investment decision-making and management. Leveraging industry-leading expertise and technology, along with Microsoft’s PPM platform, UMT helps its customers gain the visibility and insight they need to align execution with strategy across all project, program, product, and IT asset portfolios.

“UMT is at the forefront of the rapidly growing and evolving PPM market,” noted Michael Orbach, Managing Director at Cascadia Capital. “Their unique mix of software and services is deeply ingrained within customer workflows and there is a significant opportunity to accelerate growth and expand market share through TELEO’s investment and ongoing partnership.”

“We’re excited to join the TELEO Capital family and start a new chapter in UMT360’s evolution,” said Catalin Olteanu, CEO of UMT. “TELEO will provide valuable operational insights as we continue to scale our business and drive the industry utilization of the modern PMO tool kit.”

This acquisition represents another successful transaction for the Cascadia technology team, other recent transactions include the recapitalization of AbsenceSoft, the acquisition of Indigo Slate and the equity investment in Vida.

For more information about this transaction, please contact the Cascadia Capital deal team:

Michael Orbach
Managing Director
morbach@cascadiacapital.com
(206) 436-2560

Matthew Riendeau
Senior Vice President
mriendeau@cascadiacapital.com
(206) 436-2568