Concord Ventures Sells Entellects, Inc.

Concord Ventures is pleased to announce the sale of Entellects,  Inc, Rolling Meadows, Illinois, to a private investor.

Representing the seller, Concord Ventures initiated and negotiated the transaction and arranged financing as well.

Entellects is an IT staffing company with clients nationwide. Founded in 2005, it employs over 50 people. Its contractors provide cloud solutions, mobile applications, custom-built applications, enterprise portals, e-commerce solutions, and more.

Concord Ventures is a Bellevue-based boutique investment-banking firm specializing in mergers, acquisitions, re-capitalizations, and valuations of established companies. The primary focus of the firm is companies with valuations between $3,000,000 to $250,000,000 in manufacturing, service, and distribution.