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 Enlighten, a $12 million annual services revenue digital
marketing agency specializing in the development, implementation,
integration, and support of digital experience solutions.
The acquisition is expected to be accretive to earnings per share in
2016.
“We are excited to strengthen our digital marketing capabilities with
the strategic acquisition of Enlighten,” said Jeffrey Davis,
Perficient’s chief executive officer and president. “Enlighten’s
compelling capabilities, reputation for delivering excellent digital
experiences, customer-centric mentality, and solid client roster ensure
a strong cultural fit and compelling opportunities for accelerated
growth moving forward.”
The acquisition of Enlighten:
-
Enhances and expands Perficient’s digital strategy, creative services
and marketing expertise;
-
Adds approximately 75 consulting, digital agency, technology, sales
and support professionals; and
-
Adds client relationships with enterprise customers
including AAA Life, Hunter Douglas, Janus Capital Group, Jimmy John’s,
Johnson & Johnson, Learning Care Group, Michigan Lottery, OhioHealth,
Presbyterian Healthcare Services, Smith and Noble, The Henry Ford,
University of Michigan, Victory Capital Management, and more.
Enlighten’s Chief Executive Officer Steve Glauberman joins Perficient in
a key leadership role.
“Perficient’s digital transformation expertise and experience are
well-known and highly-regarded,” Glauberman said. “We’re thrilled to
join a firm with a reputation for excellence and a distinguished track
record of delivering outstanding digital experience, business
optimization and industry solutions to the world’s leading enterprises.”
Randy Grigg, managing partner of Ridgecrest Advisors, advised Perficient
on the transaction in his capacity as a registered investment banking
agent of M&A Securities Group, Inc.
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 delivers 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, and a Platinum Salesforce
Cloud Alliance 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 2015 and 2016. 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, 2014.
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