New York, NY – March 31, 2011 - Cogent Growth Partners, LLC, (Cogent) announced today that they advised Jamison West Consulting Services, Inc. (JWCS), a dynamic IT Services firm for small to mid-size businesses in the Greater Puget Sound area, on its recently announced acquisition of Titanium Ant, Inc.
The acquisition, which closed on March 1st Provider leveraging Growth by Acquisition to achieve rapid growth within its target market. It is JWCS' second acquisition working with Cogent, who also assisted JWCS with its acquisition of Seattle-based Managed Service Provider X-BAR in July of 2010.
"We are pleased to assist JWCS with the acquisition and subsequent integration of Titanium Ant", said Rick Murphy, Managing Partner at Cogent. "This acquisition further positions JWCS as the Managed Services leader in the Greater Puget Sound region."
"Cogent again proved themselves an invaluable partner on this acquisition", said Jamison West, President of JWCS. "Their ability to work with us throughout the acquisition lifecycle increases our clockspeed and reduces our risk."
Founded by three managed services industry veterans, Cogent is a specialized firm that assists Managed Service Providers interested in growth by acquisition. The firm combines industry-specific M&A experience with deep operational expertise in the IT Services industry.
About Cogent: Cogent Growth Partners is a buy-side merger & acquisition advisory firm combining focused merger & acquisition know-how with deep operational expertise. Cogent works exclusively with clients in the IT and Managed Services space, helping them create successful companies that deliver outstanding client service, exceptional financial results and improved equity value for the owners – all while mitigating the risks often associated with planning and executing acquisition and exit strategies.
About JWCS: Founded in 1995, JWCS is a dynamic team of trusted IT advisors for small to mid-sized businesses in the Greater Puget Sound Area who collectively operate as a virtual CIO. The JWCS team mission is “Making technology work for business”, which they accomplish using Managed IT Services, a model that emphasizes technology-as-a-service through proactive monitoring, remote remediation, automated scripting for preventative maintenance and fixed monthly fees. This approach rewards their clients with unsurpassed network stability by combining an affordable, comprehensive solution with a reliable support team. A Microsoft Certified Gold Partner, JWCS received a Microsoft Small Business Excellence Award in 2008 recognizing demonstrated excellence in serving the small to mid-sized IT community.
Contact: David Schafran; call 212-799-1770 or email david@CogentMergers.com
Posted on Mar 31, 2011