FOR IMMEDIATE RELEASE
Top M&A Integration Consulting Firm Forms Strategic Alliance With Leading Provider of M&A Software Solutions
MINNEAPOLIS, June 2, 2008—TX2 Systems Inc., a leading provider of enterprise software solutions for managing mergers and acquisitions, and On Point Consulting, a leading consulting firm specializing in post-M&A integration services, jointly announced today that both companies have formed a strategic alliance and plan to offer combined end-to-end consulting and technology solutions.
On Point Consulting has an impressive stable of clients that includes mid-sized to Fortune 500 companies such as Best Buy, Ecolab, GMAC/ResCap, ViroPharma, and Wells Fargo. Managing Partner and co-founder Steve Sapletal said, "We are excited about this new partnership with TX2 Systems as it will marry a best-in-class technology solution with our highly seasoned team of M&A integration experts." Sapletal continued, "We've already engaged on several key projects and the results are obvious. Our clients are very pleased."
TX2 Systems also has an impressive customer base that includes mid-sized to Fortune 500 companies such as Aetna, Tyco Electronics, Walgreens, Network Appliance, Crown Castle, leading investment banking firms such as Morgan Stanley, and global law firms such as Dewey & LeBoeuf. "Combining our award winning software with On Point's M&A expertise elevates our total offering well beyond any solution on the market today," says Juan Tosoni, Founder and CEO of TX2. "We can now offer our suite of software coupled with consultative guidance on M&A best practices from seasoned M&A executives."
On Point and TX2 plan to announce more details on several key customer projects, in the form of case studies, from each of their highly respected customer bases. Clients that have embraced the partnership are seeing immediate results since TX2's software can quickly adapt to process improvement guidance coming from On Point's experts. "We expect to reach our synergy and value driver goals ahead of schedule and at a lower cost than planned," said the head of M&A activity at a highly respected Fortune 500 company. "I wish to stay anonymous for competitive reasons. I do believe deeply that we have an advantage over our competitors with the On Point/TX2 solutions."
About On Point Consulting
On Point Consulting is an M&A consulting firm focused exclusively on providing post-M&A integration services. On Point helps clients align their integration activities with critical value drivers, so positive results are delivered quickly and often. The firm helps clients develop and execute aggressive integration plans and ensures a disciplined, consistent and tightly coordinated integration process. For more information contact On Point Consulting at sales@onpointconsulting.com or call directly at (612) 455-6050.
About TX2 Systems, Inc.
TX2 Systems, Inc. is the leading provider of enterprise software solutions for managing mergers, acquisitions and divestures. TX2 provides software solutions that bring together the many integral components of a merger, acquisition, divesture, IPO, special financing event and more. TX2's clients include Fortune 500 companies, middle-market companies, law firms, investment banks, transaction advisory firms, boutique M&A firms, private equity firms and more. In the wake of market consolidation, fierce competition and an emerging-economy, TX2 solutions can help speed the M&A process, lower cost, lower risk and ultimately drive deal value—the value that caused the M&A activity in the first place. For more information contact TX2 Systems, Inc. at info@tx2systems.com or call directly at (410) 787-1920.