Perficient Acquires RAS & Associates
January 04 2017 - 9:00AM
Business Wire
Perficient, Inc. (NASDAQ: PRFT) (“Perficient”), the leading
digital transformation consulting firm serving Global 2000 and
other large enterprise customers throughout North America, today
announced it has acquired RAS & Associates, LLC (“RAS”), a
Denver-based $9 million annual services revenue management
consultancy with deep expertise in strategy, operations and
business process optimization consulting.
The acquisition is expected to be accretive to adjusted earnings
per share immediately.
“We are excited to continue to strengthen our management
consulting expertise with the strategic acquisition of RAS &
Associates,” said Jeffrey Davis, Perficient’s chief executive
officer and president. “The capabilities RAS & Associates bring
to Perficient broaden and deepen our high-impact business
consulting offerings, and most importantly, the value we can
deliver to our enterprise customers. Furthermore, their engagements
and relationships often lead to significant and subsequent
technology investment in areas we already excel, including systems
integration, data reporting and analytics.”
The acquisition of RAS & Associates:
- Enhances and expands Perficient’s
management consulting offerings with additional strategy,
operations and business process optimization consulting;
- Increases Perficient’s presence in the
Rocky Mountain region and in the enterprise-rich Denver
market;
- Adds approximately 40 consulting,
technology, sales and G&A professionals; and
- Brings strategic client relationships
with Fortune 500 customers in industries including Oil and Gas,
Cable and Telecommunications and High-Tech.
RAS & Associates Chief Executive Officer Rob Swanson joins
Perficient in a key leadership role.
“For many years, our entrepreneurial and results-driven culture
has resonated with C-level executives seeking strategic guidance on
enterprise transformation,” said Swanson. “We’re thrilled to now
join Perficient, a firm widely-regarded for its technical and
creative expertise and experience - and we anticipate this coupling
will accelerate opportunities to more broadly serve our combined
client base.”
About Perficient
Perficient is the leading digital transformation consulting firm
serving Global 2000® and enterprise customers throughout North
America. With unparalleled information technology, management
consulting, and creative capabilities, Perficient and
its Perficient Digital agency deliver vision, execution,
and value with outstanding digital experience, business
optimization, and industry solutions. Our work enables clients to
improve productivity and competitiveness; grow and strengthen
relationships with customers, suppliers, and partners; and reduce
costs. Perficient's professionals serve clients from a network of
offices across North America and offshore locations in India and
China. Traded on the Nasdaq Global Select Market, Perficient is a
member of the Russell 2000 index and the S&P SmallCap 600
index. Perficient is an award-winning Premier Level IBM business
partner, a Microsoft National Service Provider and Gold Certified
Partner, an Oracle Platinum Partner, an Adobe Business Solution
Partner, and a Platinum Salesforce Consulting Partner. For more
information, visit www.perficient.com.
Safe Harbor Statement
Some of the statements contained in this news release that are
not purely historical statements discuss future expectations or
state other forward-looking information related to financial
results and business outlook for 2017. Those statements are subject
to known and unknown risks, uncertainties, and other factors that
could cause the actual results to differ materially from those
contemplated by the statements. The forward-looking information is
based on management’s current intent, belief, expectations,
estimates, and projections regarding our company and our industry.
You should be aware that those statements only reflect our
predictions. Actual events or results may differ substantially.
Important factors that could cause our actual results to be
materially different from the forward-looking statements include
(but are not limited to) those disclosed under the heading “Risk
Factors” in our annual report on Form 10-K for the year ended
December 31, 2015.
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version on businesswire.com: http://www.businesswire.com/news/home/20170104005243/en/
PerficientBill Davis, 314-529-3555
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