SCD advises Bistech on their sale to Deloitte

The sellers aimed to provide varying levels of liquidity for the three shareholders and create growth opportunities for staff within a larger organisation.

The buyer sought to expand geographically by establishing a client base and team in Queensland, enhancing their local presence.

SCD leveraged its deep knowledge of the Microsoft ecosystem and extensive experience, having worked on its third transaction with Deloitte. SCD’s capacity to execute quickly was bolstered by the “prep4sale” workshop held 2 months prior to the process, allowing for efficient negotiations.

This transaction marked SCD’s second Microsoft partner sale and second IBM partner sale, with strong alignment between the buyer’s objectives and the seller’s succession plan, where the minority shareholder took on the leadership role within the new organisation.