Tactics, Inc.

has been acquired by

Tactics is a provider of systems
integration and technology
consulting services, specializing
in database solutions.

The undersigned acted as financial advisor to Tactics in this Transaction

Tactics

Description

Tactics is a technology consulting firm focused on database services, e-commerce custom development, and packaged application deployment.

Situation

The Company approached Croft & Bender after having received an unsolicited offer from a potential acquirer. Croft & Bender was hired to analyze and negotiate the proposed transaction and potentially market the Company to other interested parties. After evaluating the current offer, analyzing the industry and assessing other potential buyers, Croft & Bender determined it was in the best interest of Tactics to approach other acquirers.

Result

Croft & Bender successfully sold Tactics to Stonebridge Technologies. Stonebridge was a private company, backed by William E. Simon & Sons and Mellon Ventures, and purchased Tactics to gain a strong foothold in the Southeast.