Mirus Capital Advisors advises Sassafras on its sale to TeamDynamix
TeamDynamix, a leading provider of service management and automation solutions, has acquired Sassafras, an inventory, hardware, and software asset management (SAM) company, strengthening its IT Service Management (ITSM) and IT Asset Management (ITAM) capabilities. The acquisition enables companies to gain greater control across IT operations with increased visibility into software licensing spend and usage.
As organizations face mounting pressure to manage complex, distributed environments, the demand for robust IT Asset Management (ITAM) and Software Asset Management (SAM) capabilities has surged. Without clear visibility into hardware, software, and cloud assets, IT leaders struggle to optimize spend, mitigate risk, and drive smarter decision-making. By joining forces, TeamDynamix and Sassafras will directly address this emerging priority, helping organizations manage the full asset lifecycle.
“Asset intelligence has become mission critical,” said Andrew Graf, chief product officer, TeamDynamix. “By bringing Sassafras into the TeamDynamix family, we are responding to the urgent need for IT teams to align asset management with service delivery. Together, we are giving organizations a powerful solution to increase operational efficiency, control software licensing costs, and improve compliance.”
This integrated approach reduces administrative burden while strengthening governance and cost control. Sassafras has become a critical component for license compliance and software cost reduction efforts in some of the largest corporate, educational, and government enterprises worldwide. By pairing Software Asset Management (SAM) with ITSM and AI-driven automation, IT leaders can bring greater oversight while delivering expedited service.
“This acquisition is a true innovation catalyst,” said Julian Devlin, chief executive officer, Sassafras. “We are excited to join TeamDynamix to build a future where service and asset management work hand-in-hand with AI and automation to help IT leaders not just keep up, but lead.” Sassafras is top-ranked by Info-Tech Software Reviews for strategy, service, and product impact within the IT Asset Management (ITAM) quadrant and category report.
“This acquisition aligns with our customer-first acceleration approach to platform expansion,” adds Rod Mathews, chief executive officer of TeamDynamix. “Our focus is on delivering solutions that reduce IT complexity in a way that is efficient, intuitive, flexible, and future-ready. Sassafras fits perfectly with this strategy. I eagerly look forward to the incredible opportunities ahead and all that we will accomplish together.” Mathews, an industry veteran, is known for driving innovation, scaling high-growth companies, and leading successful M&A integrations.
Mirus Capital Advisors served as exclusive financial advisor to Sassafras Software.
About TeamDynamix
We put the power of a synchronized enterprise in your hands. Because when everything and everyone works together seamlessly, you can aim higher and get there faster. Visit www.teamdynamix.com to learn more.
About Mirus Capital Advisors, Inc.
Successful business owners have turned to Mirus Capital Advisors for more than 35 years to help them realize their ultimate accomplishment – the sale of their business. As a mid-market investment bank focused on mergers and acquisitions, Mirus drives successful deals for companies in the technology, industrial, consumer products, business services, and healthcare sectors. Mirus has proven time and again that its deep industry expertise, focus on relationships, thorough preparation, and unwavering commitment to every deal lead to meaningful accomplishments for business owners. For more, visit www.merger.com.
