HRC Advises Sales Enablement SaaS Provider MTC Performance on its acquisition by 360insights
WHITBY, ON. and Los Angeles, CA (January 7, 2019) – Harbor Ridge Capital (HRC), a leading technology-focused M&A advisory group led by Cyrus Maghami, with deep expertise in the cloud software and tech-enabled services space, has advised MTC Performance, on its sale to 360insights.
MTC is a leading channel incentive SaaS provider for some of the world’s foremost technology companies including Ingram Micro, Samsung, Xerox, and Epson. MTC’s solutions focus on sales transactions, the end of the channel value chain, gathering rich data on who bought what, when, why and from whom. The MTC acquisition adds over 50 new enterprise clients to 360insights’ client roster of over 150 global brands.
Large enterprises customers, who go to market through complex distribution, used the 360insights’ Channel Success Platform to manage over $2 billion in incentive claims in 2018. The platform is designed for incentive optimization through decision grade program visibility of spending and performance leading to better,
“Customers on both sides of this transaction will benefit,” said Jason Atkins, founder
MTC President and CEO, George Kriza added: “We have long admired how 360insights does business, and our entire team is thrilled to see our technology moving into new verticals and servicing even more enterprise clients.”
With this acquisition 360insights gains a key location in Chicago increasing a global footprint that includes offices in Toronto, the San Francisco Bay Area, Chicago, Detroit, and London. MTC’s team members will join over 400 360insights’ employees to form one of the strongest teams in the industry. The operating teams of both companies are working together on the integration of MTC Performance into 360insights.
Harbor Ridge Capital, led by Cyrus Maghami, with securities offered through Fallbrook Capital Securities Corp., was the exclusive M&A
Harbor Ridge Capital
Los Angeles, CA
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