Completed Transaction by MetaSource

Dataimage Inc.

was acquired by

MetaSource

“Selling an IT business is hard and complicated. The process brings together a need for marketing, finance, strategy, and tax, legal and technical capabilities. Equally important, it requires experience and finesse in the soft skills of dealing with people issues and negotiations. We were pleased to have Tequity assisting us every step of the way.”
-Dennis Barrett, President of Dataimage Inc.

Tequity Inc., a North American M&A advisory firm specializing in strategic Technology M&A transactions, acted as the exclusive financial advisor to Dataimage Inc. in their strategic sale to LaSalle Capital backed MetaSource.

Based in Salt Lake City, UT, Dataimage is an industry leader in business analytics, workflow design and business process automation, and electronic document management solutions. The acquisition of Dataimage broadens MetaSource’s service offerings within technology-enabled workflow services and solutions. Dataimage represents LaSalle Capital’s fifth add-on investment to the MetaSource platform.

Dataimage Co-Owner, Scott Morgan, commented, “MetaSource’s reputation for integrity and excellence speaks for itself and fits seamlessly with the vision we had for this company when we founded it. Needless to say, we are very happy to join the MetaSource family.”

“The high quality of service, impeccable reputation, and industry and technical knowledge that Dataimage brings to the table perfectly complements our existing suite of solutions and values,” added MetaSource CEO, Adam Östhed.

About MetaSource

MetaSource, based in Draper, UT, is a technology-enabled Business Process as a Service (BPaaS) company with a focus on the financial services industry. MetaSource offers a full range of services, including business process management and content management solutions delivered via premise-based and SaaS-based platforms designed to help customers achieve organizational efficiencies, manage compliance risk, realize cost savings, and accomplish other strategic objectives.

See www.metasource.com for more information.

About Tequity

Tequity Inc. specializes in strategic M&A advisory work for Software and IT Services companies across North America and around the globe. We help shareholders to achieve their growth or exit goals through synergistic M&A transactions with growth-focused acquirers. As former technology company owners and executives, the advisors at Tequity have a deep understanding of the many factors that can improve, or detract from, a technology company’s valuation. Tequity consistently achieves very high success rates and offers companies a unique competitive advantage through our specific focus on the tech market, one of the largest databases in the industry, and our ability to get transactions done discreetly.

Have the Shareholders or Board been contemplating options? Let’s have a call. We routinely begin our relationships with companies well in advance of a transaction, and can offer guidance and feedback on how to best increase equity value, what to do to get ready, and how to know when the time is right. Click here to Schedule a Call

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