JJWild, Inc. acquired by Perot Systems International
Covington Associates LLC announced that it has acted as exclusive financial advisor to JJWild, Inc., a leading provider of integrated technology solutions and consulting services for the MEDITECH healthcare information systems community, in its sale to Perot Systems Corporation (NYSE: PER), a worldwide provider of information technology and business solutions. The transaction is valued at approximately $89 million, subject to certain adjustments and offsets. Covington Associates had previously advised JJWild on a round of debt and equity financing in 2006, provided by GE Healthcare Services and Advent International, respectively.