Gryphon Investors Acquires Highmetric ServiceNow Division; Adds Fishbone Analytics and Iceberg Networks
May 27, 2021
Gryphon Investors acquired a majority stake in the ServiceNow division of Highmetric from The Acacia Group (which retains a minority interest) and announced definitive acquisitions of Fishbone Analytics and Iceberg Networks to combine under the Highmetric brand. The transactions create a pure‑play ServiceNow services platform that will integrate capabilities across ServiceNow offerings and total roughly 300 team members across the combined business; terms were not disclosed.
- Buyers
- Gryphon Investors
- Targets
- Highmetric (ServiceNow division), Fishbone Analytics, Inc., Iceberg Networks
- Sellers
- The Acacia Group
- Platforms
- Highmetric
- Industry
- IT Services
- Location
- United States
- Transaction Type
- Buyout
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