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GSAM and Everston acquire infotech specialist

Goldman Sachs Asset Management, in partnership with Everstone Capital Partners, is to acquire Cprime, an information technology services management company, from engineering consulting services provider ALTEN Group, for a reported $360 million. 

Goldman Sachs Asset Management (GSAM), in partnership with Everstone Capital Partners (Everstone), is to acquire Cprime, an information technology services management company, from engineering consulting services provider ALTEN Group, for a reported $360 million. 

Founded in 2003 with roots in Silicon Valley, Cprime provides enterprise-level strategic consulting and technical solutions to businesses across more than 50 industries.

Post-acquisition, Cprime will continue to operate under the leadership of its current CEO and management team.

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