SASI Advises Cloud Native Application Development Firm YoppWorks on Sale to Improving
SASI served as exclusive financial advisor to YoppWorks and worked closely with the senior management team as they navigated through multiple strategic options. SASI led the M&A process from exploratory meetings through negotiations, due diligence and final closing documents. Keys to success included understanding the market dynamics driving cloud adoption and specifically cloud native application development. YoppWorks is on the leading edge of new frameworks, programming languages and processes to accelerate time to market for highly scalable and resilient enterprise cloud applications. It was critical to focus on strategic partners that shared a common passion and view of the market opportunity and also shared YoppWorks culture of humility, trust and respect for each individual.
"John and his team provided a very comprehensive and effective approach to profile prospect acquirers, conduct meetings and ultimately drive the process to LOIs and a successful close. I was impressed with their abilities to understand our business value and the dynamics of the market and to match us with the best option for future growth and corporate culture alignment. I would highly recommend SASI to any company considering a potential exit and to leverage their M&A experience, market insights and hands on approach to the M&A process.” -- Jack Gulas, CEO of YoppWorks
YoppWorks is a digital solutions firm based in Ottawa, Ontario, Canada, focused on digital transformation through building new applications utilizing the latest Cloud technology. They specialize in Scala programming, Akka Open Source, cloud native technologies and the application of the Reactive Architecture. YoppWorks is proud to be partnered with Lightbend and Google Cloud. Established in 2016, YoppWorks has been empowering enterprise innovation and bringing modern IT solutions to their customers. To learn more about YoppWorks, visit https://yoppworks.com
Improving is a technology consulting, custom software solutions, and training firm focused in Agile and Microsoft (.NET). In 2018, Improving announced their partnership with private equity firm Trinity Hunt Partners. The company has an international presence with 15 offices across the United States, Canada, and nearshore development offices in Mexico. To learn more about Improving, visit http://improving.com