M&A Deal Summary

RGP Acquires Veracity Consulting Group

On July 31, 2019, RGP acquired information technology company Veracity Consulting Group for 31M USD

Acquisition Highlights
  • This is RGP’s 1st transaction in the Information Technology sector.
  • This is RGP’s 2nd largest (disclosed) transaction.
  • This is RGP’s 8th transaction in the United States.
  • This is RGP’s 1st transaction in Virginia.

M&A Deal Summary

Date 2019-07-31
Target Veracity Consulting Group
Sector Information Technology
Buyer(s) RGP
Deal Type Add-on Acquisition
Deal Value 31M USD

Target

Veracity Consulting Group

Glen Allen, Virginia, United States
Veracity Consulting Group LLC is a digital transformation firm, that delivers innovative solutions to the Fortune 500 and leading healthcare organizations. Veracity Consulting Group LLC was founded in 2015 and is based in Glen Allen, Virginia.

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Buyer(S) 1

Buyer

RGP

Irvine, California, United States

Category Company
Founded 1996
Sector Business Services
Employees722
Revenue 633M USD (2024)
DESCRIPTION
Resources Global Professionals' corporate headquarters in Irvine, California.
Resources Global Professionals' corporate headquarters in Irvine, California.

RGP is an international professional services firm that provides accounting and finance, human resources, information technology, and internal audit services. RGP was founded in 1996 and is based in Irvine, California.


DEAL STATS #
Overall 15 of 17
Sector: Information Technology M&A 1 of 2
Type: Add-on Acquisition M&A Deals 9 of 11
State: Virginia M&A 1 of 1
Country: United States M&A 8 of 9
Year: 2019 M&A 1 of 1
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-01 Accretive Solutions

Chicago, Illinois, United States

Accretive Solutions, Inc. is a provider of business consulting and executive search services in the areas of accounting and finance, enterprise governance, and business and technology. Accretive Solutions was founded in1999 and is based in Chicago, Illinois.

Buy $19M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-21 Resources Global Professionals Sweden AB

Stockholm, California, Sweden

Resources Global Professionals Sweden AB is a provider of accounting and finance, human resources, and information technology. Resources in Global Professionals Sweden is based in Stockholm, Sweden.

Sell -