CHICAGO – June 28, 2024 – Sikich, a leading global technology-enabled advisory company, recently served as the exclusive sell-side adviser to SilverEdge Systems Software, Inc. on its acquisition by Rhodium Digital, Ltd., a premier provider of cutting-edge digital solutions.
“We were pleased to represent SilverEdge in this strategic acquisition, leveraging our team’s deep expertise in technology as it relates to M&A,” said Molly Booi, vice president with Sikich Investment Banking. “Both companies have collaborated closely for years, sharing resources to meet their clients’ evolving needs. By officially joining forces, they can work together seamlessly as one entity to better service their growing client base.”
SilverEdge empowers businesses with ERP software solutions, serving a global client base across a diverse range of professional service firms, including engineering, architectural, and construction firms, as well as management consulting and public relations firms. Rhodium Digital, headquartered in Canada, is an international digital transformation leader pioneering solutions that enhance processes and drive growth by leveraging emerging technologies. The acquisition allows the combined company to provide a comprehensive digital transformation experience tailored to client needs worldwide.
“The Sikich Investment Banking team’s guidance ensured a smooth deal process,” said Maria Vedral, Owner, SilverEdge. “With Rhodium’s extensive technical capabilities, we’re confident that we can offer our clients enhanced services and innovative solutions that will drive their continued success. And most importantly for me, is that our values align.”
Sikich Investment Banking offers capital markets advisory and mergers and acquisitions services. The team has deep experience across many industries, particularly manufacturing and distribution, technology, health care and life sciences, and business and professional services.
Transaction terms were not disclosed.
About Sikich
Sikich is a global company specializing in technology-enabled professional services. With more than 1,900 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals.
Sikich currently practices in an alternative practice structure in accordance with the AICPA Professional Code of Conduct and applicable law, regulations, and professional standards. Sikich CPA LLC is a licensed CPA firm that provides audit and attest services to its clients. Sikich LLC has a contractual arrangement with Sikich CPA LLC under which Sikich LLC provides Sikich CPA LLC with professional and support personnel and other services to support Sikich CPA LLC’s performance of its professional services, and Sikich CPA LLC shares certain client information with Sikich LLC with respect to the provision of such services.
*Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor.
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