New York, NY - July 1, 2010 -
MISI Company, the US IT staffing and experience design subsidiary of NTT
DATA Corporation of Japan, announced the acquisition of Cue Data
Services, Inc., a New England based IT Staffing firm. Terms of the deal
were not disclosed.
MISI, with offices in New
York, New Jersey, Pennsylvania and California and Cue Data, with offices
in Massachusetts, Maine and Canada, combine to create an emerging leader
in the North American IT services market. Together MISI and Cue Data
serve Fortune 500 clients in the Financial Services, Pharmaceutical/Life
Sciences, Government, Insurance, and Information Technology Industries.
Sarah Martin, President and
CEO of MISI, said, “We are very excited to have the Cue Data team join
forces with MISI. We look forward to providing an even greater breadth
and depth of services to our combined client bases.”
Joe McCue, CEO of Cue Data
Services, echoed Sarah’s comments. “Our corporate client base will
benefit from the increased capabilities. We believe joining MISI is a
terrific opportunity to broaden our business and improve our client
offerings.”
Patrick Branagan, President
of Cue Data Services, said, “The Cue Data team looks forward to the
integration with MISI. We are fortunate, as the two companies complement
each other extremely well and our core values are well aligned. I am
excited about our future as part of MISI.”
Fairmount Partners, a leading
technology and healthcare-focused investment bank, acted as the
exclusive financial adviser to MISI Company.
MISI Company
MISI Company, Ltd., provides
experience design consulting services and technical staffing to a
diverse client base on a global level. MISI was founded in 1978 and
became a wholly-owned subsidiary of NTT DATA Corporation in 1992. MISI’s
services are delivered to Fortune 500 and mid-market clients from its
offices in New York, New Jersey, Pennsylvania, and California. With its
team of staffing professionals, technology thought leaders, and
experience design strategists, MISI has developed a strong reputation
for providing both exceptional quality and excellent value.
www.misicompany.com
www.nttdata.com
Cue Data Services, Inc
Cue Data Services, Inc. is a
global Information Technology staffing company with offices in Boston,
MA, Portland, ME and Toronto, CAN. Cue Data’s client base focuses on
Financial, Insurance and Public sector businesses. Cue Data provides
technical specialists in numerous technologies, including project
management, e-commerce, business analysis, legacy mainframe, network
engineering, quality assurance, systems analysis and programming, ERP/CRM,
and others on the cutting-edge.
www.cuedata.com
Fairmount Partners
Fairmount Partners is one of
the largest investment banking groups in the Mid-Atlantic region. The
firm specializes in assisting businesses in mergers and acquisitions,
capital raising and strategic advice. Fairmount completes most of its
transactions in its key focus areas: IT and Business Services,
Healthcare, Software and Technology, and Consumer and Industrial, and
has completed transactions throughout North and South America, Europe
and Asia.
www.fairmountpartners.com