Equiteq has advised Solevera Solutions on its sale to Accenture.
Solvera Solutions, is a Regina-based company delivering platform-led digital transformation services across Western Canada. Founded in 2005, Solvera has a team of more than 450 professionals with deep consulting and managed service capabilities across ServiceNow, Microsoft, and SAP platforms. Solvera services clients in the public sector, health, financial services, utilities and energy, and agriculture industries, and will be a catalyst in its new partner’s growth in British Columbia, Alberta, Saskatchewan, and Manitoba.
Equiteq, the premier global M&A knowledge economy adviser, acted as financial adviser to Solvera in its sale to Accenture.
Reg Robinson, CEO and co-founder at Solvera, said, “The rate of digital adoption has accelerated in recent years and we’re committed to staying at the forefront of service delivery. [This partnership] will allow us to offer clients an even greater suite of resources and expertise through a network of professionals across Canada and globally and provide our employees a wealth of growth opportunities throughout their careers.”
Commenting on Equiteq’s role in the transaction, the Solvera team noted, “As we embarked on our journey to find a strategic advisor for our ownership succession plans, it became clear early on that Equiteq was the best fit for our firm. Their knowledge of the technology services sector, combined with their global reach and relationships, gave us confidence that we would find the right strategic partner to take our company to the next level. We are thrilled with the result. Equiteq was instrumental in guiding us through a strategic and methodical process. It was an absolute pleasure to work with the Equiteq team, and we were extremely happy to have partnered with them to achieve an outstanding outcome.”
Daniel Siller, Managing Director at Equiteq said, “It has been an absolute pleasure working with the talented team at Solvera and we are excited to see them continue their successful journey. The outcome reflects the attractiveness of the market for full-service digital transformation solution providers. Additionally, Solvera’s market reputation, seasoned team, proven-track record and strong, employee-centric culture have been all crucial pillars in achieving success to date.”
Read more about the sale of Solvera Solutions to Accenture here.