Proceed North America

Proceed North America

Proceed North America

has been acquired by
Technology Solutions Company

Technology Solutions Company

Business Description

Proceed North America LLC (PNA), based in Stamford, Connecticut, was a leading developer and marketer of packaged services for enterprise software applications.


Background

PNA's exclusive relationship with SAP for packaged services in the US. required a rapid rollout of the Company's services. As an early stage company, PNA lacked the resources to fully exploit the SAP opportunity.


Solution

PNA engaged Carter Morse & Mathias to assist in finding a strategic partner to accelerate and fund its growth plan. PNA was sold to Technology Solutions Company (TSC) (Nasdaq: TSCC) under an asset purchase agreement whereby PNA continued to serve as a primary implementation partner for SAP Direct Packaged Services in the U.S.


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