Forbes Mergers & Acquisitions is pleased to announce that N Harris Computer Corporation has acquired the assets of VisionTEK Inc. of Broomfield, Colorado. Forbes Mergers and Acquisitions served as the exclusive financial advisor to VisionTEK for this transaction.
N Harris Computer is a wholly owned subsidiary of Constellation Software and a leading provider of financial management and Customer Information Systems (CIS) software solutions. Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to all levels of local government, public power and water entities as well as school districts throughout North America. Harris will focus on creating long-term relationships with VisionTEK’s customers and ensuring that the changing needs of its customers are met over time.
Since 1995 VisionTEK has provided state and local law enforcement agencies mission critical mobile software applications. Over that time VisionTEK has developed not only the broadest, most advanced mobile product suite on the market but has built a loyal client base.
John Claybough, a Senior Adviser at Forbes Mergers & Acquisitions, who led the transaction, stated “We are proud to have represented VisionTEK in the sale to Harris. Bob Forbes and I worked as a team to qualify high probability buyer candidates, interviewed numerous executives, and qualified 3 finalists for VisionTEK to consider. Frank Traylor, President of VisionTEK said “After managing this business for almost 10 years, I could not have chosen a better partner to help find the right buyer than I did with Forbes Mergers & Acquisitions. The team was very knowledgeable, organized and extremely effective in finding a great buyer and closing the deal.”
About Forbes Mergers & Acquisitions
Forbes Mergers & Acquisitions is a lower middle market transaction advisory firm with a focus on IT/Communications, clean energy and cleantech, healthcare and diversified industries. Forbes also provides valuations and other financial and strategic advisory services. The professionals of Forbes Mergers and Acquisitions have over 50 years of collective transaction experience. Forbes has locations in Denver, Colorado and Washington, D.C. For more information, visit www.ForbesMA.com.