The Hackett Group Acquires Spend Matters

Copley Equity Partners Invests in Spend Matters

December 9, 2021

Data & Analytics

Copley Equity Partners has made a growth investment in Spend Matters, a Chicago-based tech-enabled data platform that provides procurement technology benchmarking and the TechMatch SaaS application. Spend Matters founder and CEO Jason Busch remains a substantial equity holder and will continue to lead the company; proceeds will be used to scale procurement offerings and expand into adjacent technology markets such as accounts payable, B2B payments, and supply chain analytics.

The Hackett Group Acquires LeewayHertz

September 16, 2024

AI & Machine Learning

The Hackett Group, Inc. (NASDAQ: HCKT) has acquired LeewayHertz, a provider of generative AI development and orchestration solutions, and will integrate LeewayHertz's ZBrain platform with Hackett's AI XPLR platform. The companies are also creating a joint venture, ZBrain XPLR, with Akash Takyar named CEO of the joint venture and leader of Hackett's Gen AI Implementation group to accelerate end-to-end AI ideation through implementation capabilities.

Transportation Insight Acquires Spend Management Experts

January 11, 2021

Transportation

Transportation Insight has acquired Spend Management Experts LLC to strengthen its parcel optimization, small‑parcel and e‑commerce transportation management capabilities. Spend Management Experts will operate as Transportation Insight's small parcel division with CEO John Haber leading the unit from its Atlanta office.

Morgan Stanley Capital Partners Acquires Controlling Interest in SpendMend

March 2, 2022

Healthcare Services

Investment funds managed by Morgan Stanley Capital Partners (MSCP) acquired a controlling interest in SpendMend from Sheridan Capital Partners, with Sheridan retaining a minority stake and the existing management team remaining in place. Headquartered in Grand Rapids, Michigan, SpendMend provides tech-enabled cost-cycle and profit-recovery solutions to hospitals and health systems; MSCP said it will support further organic growth and strategic add-on M&A to expand the business.

SpendMend Acquires Healthcare Division of Moody Associates, P.A.

February 9, 2022

Healthcare Services

SpendMend, a Grand Rapids-based provider of tech-enabled cost-savings solutions for healthcare systems, has acquired the Healthcare Division of Moody Associates, P.A. The deal transfers Moody's hospital and health-system profit recovery and contract compliance clients to SpendMend while Moody Associates will continue operating its non-healthcare business under the same name out of Charleston, South Carolina.

SpendHQ Acquires Per Angusta with $65M Investment from Pamlico Capital

July 12, 2022

Cloud & SaaS

SpendHQ has joined forces with France-based Per Angusta, combining Per Angusta's procurement performance management capabilities with SpendHQ's spend analytics to create an integrated closed-loop procurement platform. The transaction is supported by a $65 million minority investment from Pamlico Capital to fund the acquisition and accelerate growth; Per Angusta CEO Pierre Laprée joins SpendHQ as a significant shareholder, board member and Chief Product Officer.