NEFCAP Represents High Touch in Acquisition of Associates Solutions
Buy-Side Representation of Wichita Cloud and Managed Services Provider
Newton, Mass. – March 16, 2018 – NEF Capital Advisors (NEFCAP), a specialized advisory firm facilitating transactions in the IT services, cloud and data center industries, announced today the acquisition of Associates Solutions, Inc. (ASI) by High Touch Technologies, Inc..
NEFCAP served as the exclusive advisor to High Touch, a Midwest IT solutions provider headquartered in Wichita, Kansas. The terms of the transaction were not disclosed.
High Touch’s acquisition of Lenexa-based technology company ASI, expands the company’s product portfolio and presence in the Kansas City area.
“At High Touch we are continually evaluating how we can better serve our clients and enhance their business through technology,” said Wayne Chambers, High Touch President & CEO. “ASI brings over twenty years of experience in ERP and IT solutions, which we know our current High Touch customers have a need for. Our goal is to enhance the customer experience and bring them solutions they need to do business. ASI is a perfect partner to help us do that.”
NEFCAP worked alongside High Touch’s leadership to develop an acquisition strategy, connect the company with ASI, and manage aspects of the transaction.
“NEF Capital Advisors was instrumental in providing buy-side advisory and facilitating the introduction with ASI. Their detailed understanding of our industry helped them to quickly recognize opportunities, and provide guidance that was critical to the success of the transaction.”
Kevin Colborn – Senior Vice President & CIO