Denver, Colorado (December 31, 2021) – The Forbes M&A Group (Forbes), an award-winning middle market investment bank, served as the exclusive advisor to ImageTech Systems, a provider of Enterprise Content Management (“ECM”) solutions, on its sale to CAVU Capital, a leading investor in emerging and middle market technology companies. A pioneer in the market, ImageTech Services will serve as a platform for Digital Transformation, Intelligence Process Automation, Enterprise Control Management, and Robotic Process Automation solutions. CAVU’s extensive experience in the IT & Managed Services and Digital Transformation space expands capabilities and creates a strong partnership for continued growth.
“As a founder and operator, I wanted to make sure that we had found the best partner to capitalize on our position in the market position and continue to execute on future growth opportunities,” said ImageTech Founder, RJ Oommen. “We selected Forbes because of their reputation in the space and commitment to driving the best outcome. They did a great job digging deep to identify a great partner for the continued success of the company and executed to meet and exceed my goals for the transaction.”
“It was a pleasure to work with RJ and ImageTech Systems. This process will allow RJ to realize his personal transition plan and help advance the company he built to the next level,” said Blake Shear, Director at Forbes.
About ImageTech Systems
ImageTech Systems, Inc. is an Enterprise Content Management (“ECM”) Solution Provider that provides turn-key ECM solutions, systems integration, consulting and implementation services. ImageTech was founded in 1994 with a focus on automating document-centric business processes including enterprise-scalable Document Management, Workflow, Document Capture, and Report Management, and Enterprise Content Integration solutions for numerous customers in the Banking and Financial Services, Insurance, State and Local Government, Manufacturing, among others.
About the Forbes M&A Group
The Forbes M+A Group, founded in 2004 with offices in Denver, CO, Salt Lake City, UT, and Nashville TN, is an award-winning investment bank with expertise in mergers and acquisitions, capital formation, and has been acquired by financial restructuring within the middle market. The group has over 17 years of experience delivering outstanding results for business owners, entrepreneurs, and investors. Advisors at The Forbes M+A Group have 250+ years of combined experience in international transactions across a wide variety of industries. The Forbes M+A Group has been recognized as a leader within the middle market as a regional M&A Firm of the Year for the past 5 years. For more information, please visit us at www.forbes-partners.com or phone at (303) 770-6017.
For more information on this and other transactions, contact The Forbes M+A Team.