St. Louis, MO – August 7, 2024 – Sunfield Advisors, a top mergers and acquisitions (M&A) advisory firm, announces the successful acquisition of 1904labs, a leading provider of cloud-based software and data consulting solutions, by Turnberry Solutions, a private equity-backed IT consulting firm and portfolio company of Abry Partners. This transaction highlights Sunfield Advisors’ expertise in managing high-value deals within the technology consulting space while enhancing digital modernization and AI capabilities.
Headquartered in St. Louis, Missouri, 1904labs has built a strong reputation for delivering customized cloud, data, and AI-driven solutions for enterprises seeking to modernize their digital infrastructure. The acquisition by Turnberry Solutions, backed by Abry Partners, aligns with Turnberry’s strategy to expand its capabilities in AI, data, and digital transformation consulting.
Abry Partners, a sector-focused private equity and credit investment firm, currently manages approximately $5.4 billion in active capital across private equity investments. As part of Abry’s portfolio, Turnberry Solutions continues to strengthen its leadership in IT consulting through strategic acquisitions.
“The acquisition of 1904labs marks a significant step forward in expanding digital transformation capabilities. Their deep expertise in AI, data analytics, and cloud-based solutions perfectly complements Turnberry Solutions’ strategic vision. This deal not only strengthens Turnberry’s service offerings but also ensures 1904labs is well-positioned for accelerated growth under a strong leadership team.”
— Vince Brannon, Partner at Sunfield Advisors
With private equity firms actively investing in IT services and digital transformation, Sunfield Advisors continues to play a pivotal role in staffing and technology M&A, guiding companies through complex transactions that drive long-term growth and market expansion.
About Sunfield Advisors
Sunfield Advisors is a distinguished Mergers and Acquisitions (M&A) advisory firm with over 125 years of combined experience, specializing in guiding technology consulting firms through successful transactions. Our expertise in the technology sector enables us to provide strategic advisory services that enhance company valuations and expedite business transactions. Our deep understanding of the unique challenges and opportunities within the technology consulting industry ensures that our clients receive tailored solutions that align with their strategic objectives.
About 1904labs
Founded in 2016 and based in St. Louis, Missouri, 1904labs is a premier cloud-based software and data solutions consulting firm. The company specializes in AI-driven analytics, cloud solutions, and enterprise digital transformation services, helping businesses optimize operations and leverage cutting-edge technology.
About Turnberry Solutions
Turnberry Solutions is a business and technology consulting firm specializing in digital transformation, AI, and enterprise software solutions. As a portfolio company of Abry Partners, Turnberry delivers tailored solutions and premium talent to drive sustainable growth and innovation.
About Abry Partners
Abry Partners is a sector-focused private equity and credit investment firm, managing approximately $5.4 billion in active capital. With a focus on technology, business services, and media investments, Abry Partners supports high-growth companies through strategic acquisitions and long-term capital investment.