Perficient Acquires Tier1 Innovation
June 26, 2007
Austin-based Perficient, Inc. acquired Tier1 Innovation, LLC, an Oracle- and Siebel-focused IT consulting firm, in a transaction valued at approximately $14.25 million (half cash, half stock). The deal expands Perficient's Oracle/Siebel capabilities, adds a Denver/Rocky Mountain office and more than 50 consulting and support professionals, and was expected to be accretive to earnings.
- Buyers
- Perficient, Inc.
- Targets
- Tier1 Innovation, LLC
- Industry
- IT Services
- Location
- Colorado, United States
- Transaction Type
- Buyout
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