RedBird Announces Agreement to Sell N3 to Accenture

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Summary

With over 2,200 employees and locations across five continents, the Company leverages its global reach as a key partner to leading technology firms, including Microsoft, Cisco, and SAP. “ We wish the N3 team continued success in their new partnership with Accenture.” “ It’s been an incredible journey, and I appreciate RedBird’s support as a partner who truly understands the key elements of company building, as well as the transformational changes rapidly occurring across the cloud landscape tied to virtual sales capabilities,” said Jeff Laue, Founder and CEO of N3. “ We’re excited to continue delivering for our customers as a member of the Accenture organization.” Guggenheim Securities, LLC served as financial advisor to N3 and RedBird on the transaction. Founded by former Goldman Sachs Partner Gerry Cardinale, RedBird today manages $4 billion of capital principally across its core industry verticals in Sports, TMT, Financial Services and Consumer. RedBird’s network of business founders and entrepreneurs is central to its investment sourcing strategy, and its highly curated group of limited partners are active co-investors who provide scalable capital support.

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