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Press release from Business Wire

Harris Williams & Co. Advises Help/Systems in its Sale to Summit Partners

Wednesday, April 18, 2012

Harris Williams & Co. Advises Help/Systems in its Sale to Summit Partners13:59 EDT Wednesday, April 18, 2012 BOSTON (Business Wire) -- Harris Williams & Co., a preeminent middle market investment bank focused on the advisory needs of clients worldwide, announces the sale of Help/Systems Holdco, LLC (Help/Systems), a leading independent provider of data center automation, business intelligence, and security software solutions, to Summit Partners (Summit). Help/Systems was a portfolio company of Audax Group (Audax). The transaction closed on April 17, 2012. Harris Williams & Co. acted as the exclusive advisor to Help/Systems. The transaction was led by Jeff Bistrong, Thierry Monjauze, Derek Swaim, Tyler Dewing and Brian Wirtz from the firm's Technology, Media & Telecom (TMT) Group, along with Chris Williams from the firm's Richmond office. “It was highly rewarding to work with Janet Dryer and the rest of the management team as they simultaneously drove stellar financial performance and expanded the company's solutions beyond IBM i and into Unix, Linux and Windows,” said Jeff Bistrong, a managing director in Harris Williams & Co.'s TMT Group. “Summit is a partner well suited to support their ongoing organic and acquisition-driven growth.” Founded in 1982, Help/Systems provides automated operations, security and business intelligence software solutions for its worldwide base of over 5,100 customers. The company delivers products and services that help address powerful IT growth trends including an increased focus on automating IT management, virtualization, the rapid growth of data that requires processing and analyzing, and the increased need for security and network management. Summit Partners is a growth equity firm that invests in rapidly growing companies. Founded in 1984, Summit has raised more than $14 billion in capital and has offices in Boston, Palo Alto, London and Mumbai. Summit seeks outstanding management teams that have built their companies to market leadership and provides equity and credit for growth, recapitalizations and management buyouts. Audax, founded in 1999, is a leading investor in lower-middle market companies. With offices in Boston and New York, Audax has raised in excess of $5.0 billion of equity, mezzanine debt, and senior loan capital. Harris Williams & Co. (www.harriswilliams.com), a member of The PNC Financial Services Group, Inc. (NYSE:PNC), is a preeminent middle market investment bank focused on the advisory needs of clients worldwide. The firm has deep industry knowledge, global transaction expertise, and an unwavering commitment to excellence. Harris Williams & Co. provides sell-side and acquisition advisory, restructuring advisory, board advisory, private placements, and capital markets advisory services. The firm's TMT Group focuses on software, IT services, communications, and digital media. For more information on Harris Williams & Co.'s efforts in TMT, contact Jeff Bistrong at +1 (617) 654-2102, Michael Wilkins at +1 (415) 288-4260, or Thierry Monjauze at +44 207 518 8900. Investment banking services are provided by Harris Williams LLC, a registered broker-dealer and member of FINRA and SIPC, and Harris Williams & Co. Ltd, which is authorised and regulated by the Financial Services Authority. Harris Williams & Co. is a trade name under which Harris Williams LLC and Harris Williams & Co. Ltd conduct business. For general release inquiries, please contact Kimberly Baker, marketing director, at +1 (804) 648-0072. Harris Williams & Co.Kimberly Baker, Marketing Director+1 804-648-0072