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TX2 Systems, Inc. has Record First Quarter, Continuing Rapid Growth and Winning Additional Fortune-500 Clients
BALTIMORE, MD (April 16, 2008) –
TX2 Systems Inc., a leading provider of enterprise software solutions for managing all aspects of mergers and acquisitions, announced today that it finished its first fiscal quarter of 2008 with record results and double-digit growth.
TX2 continued its record growth by adding to its already impressive stable of clients with new customer wins such as Tyco Electronics and Walgreens. “Tyco and Walgreens will be in good company with the likes of Aetna, Morgan Stanley, Network Appliance, Crown Castle and Dewey & LeBoeuf,” said founder and CEO Juan Tosoni. “I am highly encouraged by our Q1 results. There is a need to do deals faster, better and more efficiently, and our technology can help these companies achieve their synergy goals under budget and ahead of schedule.”
Despite an overall slow-down in M&A activity due to the credit crisis and decreased M&A activity by private equity firms, TX2 continues to grow at an explosive rate. “We continue growing quickly and interest in our technology continues to climb,” said Jim Nevins, Vice President of North American Sales for TX2. “The strategic acquirers are feeling less competition from the private equity firms and they continue their growth initiatives via an M&A strategy.” Whether companies are filling product gaps or expanding into new markets, there's no shortage of M&A activity and there's always a desire to improve and do more with less. The TX2 technology allows strategic acquirers to gain a strategic advantage when doing deals by allowing them to accelerate their deal pace, increase success rates and turn current market conditions in their favor.
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 bankers, 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 please contact TX2 Systems, Inc. at info@tx2systems.com or call directly at (410) 787-1920.
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