Microsoft NSI Perficient Snaps Up Another SharePoint Partner
Perficient Inc., the St. Louis-based, publicly traded Microsoft National Systems Integrator (NSI), deepened its Microsoft SharePoint expertise today with the acquisition of a major Microsoft partner company in the southeastern United States.
Perficient acquired Northridge Systems Inc. in a cash-and-stock deal valued at $14.4 million. The move follows Perficient's purchase in February of Pointbridge, another Microsoft NSI with heavy SharePoint expertise.
Northridge brings to Perficient an organization with more than 90 consulting, technology, sales and support professionals; high-profile enterprise client relationships; and, according to Perficient CEO and President Jeffrey Davis, "critical mass" in the southeastern United States. In addition to Atlanta, Northridge has offices in Charlotte, N.C.; Cary, N.C.; Dallas; and New York. The company also has a development center in Buenos Aires, Argentina.
According to Perficient, the addition of Northridge's $12 million annual services revenue business increases Perficient's annualized revenues to $350 million.
Northridge Co-Founder and CEO Rob Patten will stay and report to the general manager of Perficient's Microsoft National Business Unit, Aaron Sloman.
From a skills perspective, Northridge's two MPN gold competencies, Digital Marketing and Portals and Collaboration, overlap with Perficient's nine, but the smaller company does have a silver competency in Content Management that was not already included among Perficient's seven.
Posted by Scott Bekker on July 02, 2012 at 2:48 PM