M&A Deal Summary

Acorio Acquires BusinessForward

On June 11, 2019, Acorio acquired information technology company BusinessForward

Acquisition Highlights
  • This is Acorio’s 1st transaction in the Information Technology sector.
  • This is Acorio’s 1st transaction in the United States.
  • This is Acorio’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2019-06-11
Target BusinessForward
Sector Information Technology
Buyer(s) Acorio
Deal Type Add-on Acquisition

Target

BusinessForward

Pittsburgh, Pennsylvania, United States
BusinessForward, Inc. is a management consulting firm that helps IT, HR and other Corporate leaders derive the most from their investment in Enterprise Service Management (ESM) and Human Capital Management (HCM) investments.

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Buyer(S) 1

Buyer

Acorio

Boston, Massachusetts, United States

Category Company
Founded 2013
Sector Internet Software and Services
DESCRIPTION

Acorio is a cloud consultancy on a mission to deliver on ServiceNow’s promise, with inspiration, guidance and unparalleled expertise throughout the entire Service Management journey. Acorio offers the credibility of hundreds of successful go-lives, coupled with agility, innovation, and a relentless focus on customer delight. Acorio was established in 2013 and is based in Boston, Massachusetts.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1