PROVIDENCE, RI – Citizens M&A Advisory announced today that it served as the financial advisor to Isos Technology on its acquisition of HyperVelocity, an Atlassian professional services firm with more than 49 Atlassian-accredited specialists. This follows Isos Technology’s recent acquisition by specialist investment firm The Acacia Group as the cornerstone of Acacia’s strategy to build the leading partner in the Atlassian ecosystem. While formally combining with Isos, HyperVelocity will continue to be customer-facing under its own brand name.
Founded in 2014 and based in Vancouver, WA, the HyperVelocity team specializes in working with enterprise and government clients to optimize their investment in Atlassian, helping teams collaborate, build and create. Like Isos, HyperVelocity is an Atlassian Platinum Solution Partner.
The merged business has more than 130 Atlassian-accredited specialists, placing it among the top five companies in Atlassian’s global partner ecosystem. With extensive expertise across ITSM, Agile, DevOps and cloud migration, its team has decades of experience helping hundreds of enterprise and public sector clients get the most value from their Atlassian investment.
Citizens Managing Director Don Holbrook said: “We are pleased to have advised Isos on this transaction. We are excited to continue to advise the leading Atlassian platform and look forward to seeing the great things that will come from this combination.”
Through this acquisition, Isos bolsters its Agile Services offering and public sector footprint. HyperVelocity has a wealth of experience honed through years of Agile coaching for enterprise clients, offering bespoke Atlassian and Agile Services to federal, state and local government agencies.
Citizens M&A Advisory specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients’ true value. The Citizens team has more than 100 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens Capital Markets, Inc., a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $226.7 billion in assets as of December 31, 2022. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,300 ATMs and approximately 1,200 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on Twitter, LinkedIn or Facebook.
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