Bowstring Advises Symmetry on its Sale to Great Hill Partners

January 21, 2014 | Atlanta, GA

Bowstring Advisors (“Bowstring”) served as the exclusive financial advisor to Symmetry Corporation (“Symmetry”) in its recent sale to Great Hill Partners. This transaction will help the company expand its existing service and solution offerings, hire additional talent and pursue strategic acquisitions.

Symmetry is a leading provider of hosting, managed services, proprietary software and consulting services. The company primarily serves the SAP ecosystem and is a SAP Certified Hosting Partner, SAP Certified Cloud Services Partner, and SAP VAR.

Jimmy Secretarski, Director at Bowstring Advisors, commented, “Symmetry is such an incredible story, with great people and favorable dynamics in managed services and hosting within the SAP ecosystem. Great Hill just seemed like a perfect fit given their sector knowledge and experience. We’re excited for what the future holds with these two firms coming together.”

Dan Wilhelms, founder of Symmetry Corporation, commented, “We decided to work with Bowstring Advisors because of their presence in our space and the access they provide to so many buyers. While all that played a part, in the end they were sensitive to all of our true objectives … one and all. And they executed a fast timeline in an extremely professional and efficient manner.”

Frank Powell, President and CEO of Symmetry, also offered,“The Bowstring team was great to work with and clearly exemplified dedication on our project to make us all successful. They’re our go-to guys … would definitely work with them again.”

Terms of the transaction were not disclosed.

We decided to work with Bowstring Advisors because of their presence in our space and the access they provide to so many buyers. While all that played a part, in the end they were sensitive to all of our true objectives … one and all. And they executed a fast timeline in an extremely professional and efficient manner.

Dan Wilhelms
Founder
Symmetry Corporation