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Benchmark International Facilitates the Sale of Database-Brothers, Inc. to 3rd Millennium, Inc.
April 3, 2018
Benchmark International is delighted to announce that 3rd Millennium has successfully completed the acquisition of Database-Brothers, Inc.
Database-Brothers, Inc. is a developer of database performance tuning software located in Austin, Texas. 3rd Millennium, Inc., a publisher of software products located in Waltham, Massachusetts, was looking to expand its market reach and product offerings. An acquisition with Database-Brothers, Inc. was a viable option and made it possible to achieve this goal.
The Database-Brothers, Inc. CEO expressed “The greatest measure of a company is doing what they say they will. In the case of Benchmark [International], they not only did what they said they would, but also, did more. I would definitely use them again and would recommend them to anyone who asked.”
President and CEO of 3rd Millennium, Ousama Shamma, stated “Working with Benchmark [International] has been very productive and efficient. Throughout the process they were constantly engaged, followed up on all the issues, and provided a professional and courteous atmosphere that enabled the deal to complete in a timely manner.”
Database-Brothers Inc. will continue to operate under the name DBI Software as a division of 3rd Millennium. Employees from both companies will work on all combined software products and services.
Benchmark International analyst, Keegan Rinn said “Both our client and the acquirer were eager to close the deal quickly and efficiently. We streamlined the process as much as possible and tried to be proactive instead of reactive to any problems that could have occurred.”
WE ARE READY WHEN YOU ARE.
Call Benchmark International today if you are interested in an exit or growth strategy or if you are interested in acquiring.
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