Inflection Point Systems Acquired by Perficient
Sellside Advisor to Inflection Point Systems
7 Mile Advisors Acts As Sellside Advisor To Inflection Point Systems, a Software Consulting, and Product Development Firm, On Their Acquisition By Perficient
The acquisition will strengthen Perficient’s nearshore delivery capabilities and capacity.
CHARLOTTE, NC – Inflection Point Systems (“Inflection Point”), a Columbia, Maryland-based software consulting and product development firm with operations in Monterrey, Mexico, was acquired by Perficient, a leading digital consultancy. 7 Mile Advisors acted as the exclusive sellside advisor to Inflection Point throughout the transaction.
“We are excited for the growth opportunity that Perficient brings to Inflection Point as a premier LatAm digital solutions business, and see this as a continuation of a trend that 7 Mile has been tracking of top strategic buyers focusing on nearshore delivery model companies throughout Latin America,” said Andy Johnston, Partner at 7 Mile Advisors.
“7 Mile Advisors’ industry focus and experience with nearshore development firms made them an excellent fit for Inflection Point. Their market knowledge, transaction process, and relationships were invaluable, ” said Carlos Montemayor, CEO of Inflection Point.
“We’re excited to continue to strengthen our nearshore delivery capacity, enhance our digital capabilities, and further expand across Latin America with the strategic acquisition of Inflection Point,” said Jeffrey Davis, Perficient’s Chairman and CEO. “Our multi-shore, fully-integrated, global delivery approach continues to be a key driver of growth, and a compelling differentiator in the market. With the addition of Inflection Point’s award-winning agile software development expertise, we have bolstered our ability to help the world’s biggest brands deliver engaging customer experiences across all touchpoints.”
The acquisition of Inflection Point:
- Strengthens Perficient’s nearshore delivery capabilities and capacity with enhanced agile software design, development, testing and support for customers, accelerating innovation and time to market;
- Broadens Perficient’s solution offerings and expertise across mobile, product development, web content management, e-commerce, security, enterprise search, and digital marketing services;
- Expands Perficient’s presence in Latin America, adding a nearshore software development location in Mexico;
- Adds more than 200 skilled professionals; and
- Brings strategic client relationships with Fortune 1000 customers across several industries, including across financial services, healthcare, education, security, high tech, and hospitality sectors.
“Perficient is well known for its impressive global growth and strategic nearshore delivery expertise across a wide range of technology platforms,” said Montemayor. “For nearly 20 years, Inflection Point’s experienced project teams have been dedicated to delivering excellence for our clients, and we’re excited to join forces with Perficient – a trusted leader in providing end-to-end digital solutions to the world’s leading enterprises.”
In the past 12 months, 7 Mile Advisors has completed over $1b in combined transactions in the Digital Transformation ecosystem. The firm’s industry bankers are laser-focused on providing best-in-class advisory services to leading companies across Big Data & Analytics, Digital Engineering, Cloud Services, Industrial Automation, Managed Services, and Cloud Security. For more information on industry M&A trends and other representative transactions, visit www.7mileadvisors.com.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
Perficient is the leading global digital consultancy. We imagine, create, engineer, and run digital transformation solutions that help our clients exceed customers’ expectations, outpace competition, and grow their business. With unparalleled strategy, creative, and technology capabilities, we bring big thinking and innovative ideas, along with a practical approach to help the world’s largest enterprises and biggest brands succeed. Traded on the Nasdaq Global Select Market, Perficient is a member of the Russell 2000 index and the S&P SmallCap 600 index.