Boston, MA, Nov. 3, 2022 – Burns & Levinson represented Boston-based Syrinx Consulting, a provider of high-end software development and technology staffing solutions, in its sale to DeWinter Group, a Silicon Valley-based provider of finance & accounting and technology staffing and recruitment and a portfolio company of New Heritage Capital. The acquisition closed on September 30, 2022.
As a leading provider of high-end software development and technology staffing solutions, Syrinx has built a strong reputation in the marketplace since its founding in 1998 through a relentless focus on sourcing high quality, hard-to-find candidates with specialized skillsets across programming languages, including .NET, Python, Java, and SQL. The company also produces a podcast called “Underserved,” which hosts leaders and visionaries from across the technology industry.
The deal team was led by Burns & Levinson partners Josef Volman, who co-chairs the firm’s Business Law Group, and Caitlin Barrett, with support from partners Evelyn Haralampu and Paul Mastrocola along with associates Lauren Barrett and Naveed Cheraghchi.
“It was an honor to work with Syrinx and the entire management team on this important deal for the company. It was particularly rewarding because I have worked with co-founder and CEO Andrew Gelina for over 20 years, from drafting his first shareholder agreement, to supporting the company’s impressive growth over the years, to reaching this pivotal next stage of growth,” said Volman. “DeWinter Group is an ideal partner for Syrinx and I am excited to see the success they are going to achieve together.”
“Joe, Caitlin and the entire Burns & Levinson team helped us navigate through multiple complex issues to complete this transformative transaction for our company. Their knowledge of our business combined with their vast expertise in middle market M&A made them truly invaluable,” said Andrew Gelina, CEO of Syrinx. “We appreciate their advice and guidance, and are thankful to have had them by our side for so long.”
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