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Citizens Advises The Acacia Group on its Acquisition of Isos Technology

January 13, 2023, 07:08 AM
Filed Under: Industry News

Citizens M&A Advisory served as the exclusive financial advisor to The Acacia Group, an independent sponsor specializing in digital transformation, on its acquisition of Isos Technology, an award-winning Atlassian Platinum and Enterprise Solution Partner with customers across the public and private sectors. Isos forms the cornerstone of Acacia’s strategy to build the leading business in the Atlassian partner ecosystem.

Central to Acacia’s growth strategy for Isos is its combination with the Atlassian practice of MajorKey Technologies, a company at the forefront of Acacia’s commercial digital transformation portfolio. MajorKey’s team of Atlassian specialists brings a highly complementary skill set to Isos, with deep experience in consulting, cloud migration and ITSM services for their customers. Like Isos, MajorKey’s team is a Platinum and Enterprise Solution Partner to Atlassian and was named Partner of the Year: ITSM Solutions in 2021.

"The support of Don Holbrook and the Citizens M&A Advisory team has been invaluable to us," said Co-founder and Partner at The Acacia Group Craig Dawson. “Their industry expertise, guidance and responsiveness throughout the process were instrumental in achieving a positive outcome for everyone involved."

The newly combined business under Isos forms one of the largest in the Atlassian partner ecosystem. Together, they have over 120 employees supporting hundreds of customers across the United States. Acacia will work closely with the Isos management team to invest in its organic growth strategy and plan to make further acquisitions from the Atlassian partner community.

Citizens Managing Director Don Holbrook said: “We are pleased to have advised The Acacia Group on this important strategic transaction. We look forward to seeing their market-leading Atlassian growth strategy come to fruition over the coming years and working together again on new opportunities.”

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