Corporate Finance Associates advises eGroup on its strategic investment by Evolute Capital and Hunt Technology Ventures

Dallas, TX – October 15, 2021 – Corporate Finance Associates Worldwide (CFAW), a leading international investment bank, announced that it has advised eGroup Holding Company, LLC in connection with its strategic investment by Evolute Capital and Hunt Technology Ventures, the arm of investment management from a large Dallas family office.

Founded in 1999 by Mike Carter, eGroup is a globally recognized cloud services provider that has completed thousands of data center modernization and cloud migration engagements. eGroup is sought after for its managed IT services based on deep market expertise and proven ability to execute. eGroup has seven Microsoft Gold Competencies and works in partnership with leading vendors such as Microsoft, Nutanix, Cisco and Pure Storage. Over the years, eGroup has won a host of awards, such as Inc. magazine’s Best Workplace and Fastest-Growing Private Business.

Transaction Information
Evolute Capital and Hunt Technology Ventures have invested in the company, alongside management, in a private transaction. Terms were not disclosed. Investment banker representation was provided by the Dallas office of Corporate Finance Associates Worldwide, led by Dan Vermeire and John Holland. Asked about the transaction, Mr. Vermeire said: “We are very pleased to have supported this transaction of world-class companies.

About eGroup
With over 20 years of experience and a comprehensive portfolio of cloud and data center solutions, eGroup delivers exceptional results to its customers across the country. eGroup prides itself on providing top notch service to all of its customers and is proud to show this in a 100% customer satisfaction score year over year. By aligning customer needs with exceptional solutions, services and support, eGroup makes businesses more productive, efficient and competitive.

About CFAW
Corporate Finance Associates is a leading international middle-market investment bank with offices in North America, Asia and Europe, providing middle-market companies with a wide range of M&A advisory services and a access to capital resources. More information is available on the Internet at www.cfaw.com.

About Evolute Capital, LLC
Evolute Capital is a middle-market private equity investment firm focused on partnering with preeminent management teams with a strong desire to accelerate growth through the next levels. Evolute is focused on building a leading IT services platform to meet the growing digital transformation and IT modernization needs of an ever-changing customer base.

About Hunt Technology Ventures, LP
Hunt Technology Ventures is the technology investment management arm of a large independent family based in Dallas, Texas, focused on transforming the IT services industry, utilizing its extensive financial and operational resources.