CFA Announces Acquisition of Red River Solutions by Atherio

August 24, 2013 (PRLEAP.COM) Business News
August 24, 2013 Los Angeles - Corporate Finance Associates, an international investment banking services firm providing merger and acquisition, business valuation, capital resource and financial advisory services, is pleased to announce the acquisition of Red River Solutions, LLC by Atherio, Inc.

Red River Solutions, LLC located in Dallas, Texas is a recognized leader in Consulting and IT Services, with a reputation as a source of unsurpassed expertise in high-end consulting for large-scale ERP applications, Fusion Middleware, Business Intelligence and core Database Technology, and is an Oracle Gold certified partner. With deep industry expertise and a focus on complete customer satisfaction, Red River Solutions is well known for their ability to execute. They were seeking a growth partner with a shared vision and synergistic capabilities, and found that partner in Atherio.

Atherio, headquartered in Jacksonville, Florida, is a leading global technology services company providing end-to-end technology enabled business solutions across multiple platforms. Atherio is led by some of the most experienced technology and business professionals in the industry. With the addition of Red River Solutions, Atherio strengthens its product offerings providing technology, outsourcing, managed services and consulting solutions.

"CFA listened to our vision and goals," said Tammy O'Connor, CEO of Red River Solutions, "and led our process to find the right strategic partner."

Dan Vermeire, Managing Director and Principal in CFA's Dallas office commented, "Red River Solutions and Atherio are a perfect combination. With Atherio's leadership and global team, Red River can quickly expand their capabilities and grow to the next level."

"We have adopted an aggressive acquisition strategy and have completed two transactions in the span of six months," said Jason Cory, Chairman and CEO of Atherio. "We appreciate CFA's effort to close this transaction in our fast-moving and complex environment."

About Corporate Finance Associates

Celebrating more than 56 years of service, Corporate Finance Associates is a major investment banking firm, with over 20 offices across North America and Canada, 3 in India and 15 partner offices in Brazil, China and throughout Europe providing middle-market companies with a wide range of financial advisory services and access to capital resources. More information is available via the Internet at www.cfaw.com.