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Kuhn Capital Retained By Kinetrix For Advisory Services
CHICAGO, ILLINOIS, February, 2002 -- Kuhn Capital announced today that it has been retained by Kinetrix Solutions, Inc. of Hartford, CT and Warwick, RI, to seek out strategic alliance and acquisition candidates. Kinetrix is a young technology services vendor specializing in the development and integration of relationship applications for clients in the healthcare, gaming and financial services industries. These businesses are characterized by their use of real-time, high-volume web-enabled transactions processes. Among its clients are Texas Welfare Electronic Benefits System (EBT), and the Rhode Island State Lottery through an alliance with GTECH Corporation.
“We are pleased that Kinetrix has chosen Kuhn Capital to advance its growth agenda. We have worked with the company’s chairman, John MacDonald, on large, successful technical services acquisitions in the past, and find him and the president of Kinetrix, John Gillespie, to be decisive, effective leaders,” said Kuhn Capital Principal Ryan Kuhn.
On behalf of Kinetrix, Kuhn Capital will be seeking vendors of drug trial management systems and consulting services, as well as specialists in banking and insurance industry CRM applications.
About Kuhn Capital
Based in Chicago, IL, Kuhn Capital is the Midwest’s premier IT mergers and acquisitions advisory firm. The company provides M&A services to companies that leverage information technology and intellectual property — software, data, network, publishing, Internet, research, and consulting firms; and companies that market heavily-branded products. Clients have included Perficient, KEMA, Ameritech, Sony, and Cognizant. Kuhn Capital can be found on the web at www.kuhncap.com.
Kinetrix Solutions, Inc. is a leading web services and software solutions provider serving the gaming, financial services and pharmaceutical industries. Using its proprietary Netrix™ methodology, Kinetrix provides enterprise-class information technology solutions that leverage reusable and customized XML/SOAP-based frameworks. Kinetrix, whose clients include Gtech, BEA Systems, Pfizer and The GM Group, was founded in September 2000 and is based in Hartford, CT. For more information about Kinetrix, please visit www.kinetrix.com.
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