VIEWS: 11 PAGES: 1 CATEGORY: Technology POSTED ON: 1/29/2013
Forbes Mergers & Acquisitions today announced that Jenner LLC has acquired the assets of Illumen, a leading ITmanaged services provider serving companies in the Rocky Mountain region. Forbes M&A served as the exclusive financial advisor to Illumen for this transaction.
assets of Illumen, a leading ITmanaged services provider serving companies in the Rocky Mountain region. Forbes M&A served as the exclusive financial advisor to Illumen for this transaction. For over 15 years, Illumen has worked with companies to solve their IT issues. With highly skilled engineering and support resources, best-of breed technology, and best- ractices management and support processes, Illumen delivers a complete managed IT service that frees companies from IT issues and allows them to focus on their core businesses. As a client of Forbes M&A, Illumen wanted senior level assistance from experienced transaction advisors for every stage of the M&A process. Bob Forbes and Tom Schmidt walked me through the entire buying and selling process', said Enrique Krajmalnik, chief executive officer of Illumen. 'Their breadth of knowledge and willingness to always go the extra mile, made the process smooth and fast. I am very happy with the end result and would highly recommend Forbes M&A to other business owners.' Jenner LLC is owned by Mike Jenner, former executive vice president at The Trizetto Group. With proven experience in the managed services industry, Mr. Jenner was looking for new growth opportunities, especially in information technology. 'I am very pleased with the addition of Illumen,'said Mike Jenner. 'Illumen has a strong reputation for quality within the Rocky Mountain region and I am looking forward to bringing the benefits of their expertise to even more companies.' Bob Forbes, President Forbes M&A stated, 'We are extremely satisfied with the outcome of this transaction. Illumen is a great company with outstanding service offerings and we were pleased to be able to find the right buyer for Mr. Krajmalnik.' About Forbes Mergers & Acquisitions: Forbes M&A is a leading transaction advisor to private companies.The firm represents and assists owners during the process of selling their businesses, merging or partnering with other companies, or growing through acquisition. The firm also provides valuation and strategic planning services, and can facilitate the raising of debt or equity capital. For more information, call 303-256-6768 or go to www.ForbesMA.com. Contact: Bob Forbes Forbes Merger and Acquisitions 480 E. Orchard Rd., Suite 5700 Greenwood Village, CO 80111 303-770-60178 bob@forbesMA.com http://www.forbesMA.com
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