Pleasanton, California-based solutions provider A5 Corp has acquired Toronto-based Salesforce consulting partner Cloudware Connections for an undisclosed sum. Tequity, a frequent advisor on Salesforce partner acquisitions, assisted Cloudware on the transaction.
The acquisition gives A5 added financial services, healthcare & life sciences, and billing expertise, the company said. It will also allow the company to expand into Canada.
Vinay Kruttiventi CEO, A5 commented:
"We are investing continually in the growth and expansion of our Salesforce Implementation practice. With Cloudware Connections deeply rooted experience in FinServ & HLS, we can now offer an unmatched depth of industry expertise within the Salesforce Ecosystem."
A5’s current offerings include Configure Price Quote (CPQ) & billing, service cloud, field service lightning, sales cloud, and Mulesoft integration solutions. A5 says its customers can look forward to enhanced industry solutions while Cloudware Connections’ customers will gain access to more implementation expertise within all Salesforce Clouds.
Mergers and acquisitions within the Salesforce partner ecosystem remains strong, though deal valuations can be difficult to pin down. Here's an ongoing list of Salesforce partner M&A deals.
It's safe to expect more M&A deals to surface at the Salesforce Dreamforce 2019 conference in November.