Transaction Summary
Calder Capital, a nationwide mergers and acquisitions advisory firm, is pleased to announce the successful sale of TechVAR of Austin, Texas, to Infinavate of The Woodlands, Texas.
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The Acquisition Story
Founded in 2018, TechVAR is a technology reseller specializing in software and hardware solutions and vendor management through an extensive network of strategic partnerships. The company provides access to virtually all major software products, competitive pricing, seamless renewals, and tailored technology solutions designed to help organizations improve efficiency and control costs. Founder and owner Tim Edwards engaged Calder’s Sell-Side team to sell TechVAR to simplify his business interests and focus on other ventures.
TechVAR’s engagement led to Calder Capital marketing and advising the sale of their business to Infinavate.
Infinavate, led by Founder and CEO Maurice Hamilton, is an information technology consulting firm providing custom software development, digital transformation, data management, cybersecurity, professional services, and solutions integration. Looking to expand operations, Hamilton approached Calder Capital through a third-party listing site regarding TechVAR. His acquisition search was primarily focused on other technology businesses, making TechVAR an ideal fit.
Calder Capital’s Transaction Team and Sale Process
Brad Wallace of Calder Capital served as the Lead Mergers & Acquisitions Advisor to TechVAR. Serving as Lead Analyst was Nick Browning of Calder Capital.
Calder’s Sell-Side team generated strong market interest during the sale process, with 100 Confidential Information Memorandums (CIMs) distributed to qualified buyers, five indications of interest received, and Calder ultimately obtained five letters of intent to review. TechVAR closed within nine months of engaging Calder.
Wallace shared, “This transaction brought together two great Texas-based technology businesses with complementary capabilities. With TechVAR’s extensive vendor network, software and hardware expertise, and customer relationships, there will be apparent synergies realized by Infinavate. I’m certain Maurice will build on the tremendous foundation Tim has built. A special shoutout to Nick Browning for his outstanding support in driving the process forward and ensuring strong momentum through closing.”
Garrett Monroe, Calder’s Sell-Side Managing Director, stated “Calder Capital has extensive experience advising technology resellers, software businesses, managed IT service providers, and other technology-enabled companies through mergers and acquisitions. We were happy to run a competitive M&A process, ultimately connecting our client with a strategic buyer whose capabilities align with the company’s customers, services, and long-term growth opportunities.”
Calder Capital served as the Exclusive Sell-Side Mergers and Acquisitions Advisor to TechVAR. Mark Avery of Legal Strategy served as legal counsel to the buyer.
About TechVAR:
Founded in 2018 and headquartered in Austin, Texas, TechVAR is a full-service technology reseller specializing in software and hardware solutions and vendor management. Through its extensive network of strategic partnerships, the company provides access to major software products, competitive pricing, streamlined renewals, and tailored technology solutions that help organizations improve efficiency and manage costs. To learn more, please visit www.TechVAR.com.
About Infinavate:
Headquartered in The Woodlands, Texas, Infinavate is an information technology consulting firm providing custom software development, digital transformation, data management, cybersecurity, professional services, and solutions integration. The company supports small and midsized businesses, mid-market enterprises, government entities, and Fortune 2000 organizations across a variety of industries. To learn more, please visit www.Infinavate.com.
About Calder Capital:
Founded in 2013, Calder Capital is a cross-industry mergers and acquisitions advisory firm with offices across the United States. Calder provides valuation, sell-side, and buy-side services. We are nationally recognized for excellence in advising $1-100M enterprise value transactions in manufacturing, construction, distribution, and business services. Calder serves business owners, entrepreneurs, family offices, financial buyers, and investors. Learn more at www.CalderGR.com.
Notice: Calder Capital, LLC is not affiliated with any similarly named organizations or entities. To verify communications from our firm, visit our website or contact [email protected].
