PROVIDENCE – Citizens M&A Advisory recently served as exclusive financial advisor to an investment firm in the acquisition of a software company.

Under the deal, The Acacia Group, a Virginia-based investment firm, bought Arizona software company Isos Technology. The acquisition is intended to help The Acacia Group increase the number of companies recognized as Atlassian partners in its portfolio (The Acacia Group’s portfolio also includes Atlassian’s MajorKey Technologies practice, according to a press release).

With the Isos acquisition, The Acacia Group now has 120 employees within the Atlassian partner ecosystem, according to the statement.

Citizens M&A Advisory is part of Citizens Capital Markets Inc., a subsidiary of Citizens Financial Group Inc.

Nancy Lavin is a staff writer for PBN. You can locate it at [email protected].

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