Home / M&A Activity / Deltek Buys Project Mgmt Software Maker Acumen; Mike Corkery Comments

Deltek Buys Project Mgmt Software Maker Acumen; Mike Corkery Comments

DeltekDeltek has bought project management software and services provider Acumen for an undisclosed sum in a move aimed at growing Deltek’s enterprise-class offerings.

Texas-based Acumen adds analytics, project planning and risk management products to Deltek’s portfolio for government contracting and professional services organizations, the companies said in a joint statement.

Acumen customers include the aerospace and defense, engineering, construction and energy sectors.

Mike Corkery, president and CEO of Deltek, said the company aims to grow its business footprint and offerings for project-based businesses.

Acumen President and CEO Dan Patterson will join Deltek as part of the acquisition, Corkery added.

Check Also

NV5 Global Strikes $303M Deal for Arlington’s Quantum Spatial; Peter Manos Quoted

NV5 Global (Nasdaq: NVEE) has agreed to acquire geospatial data firm Quantum Spatial from Arlington Capital Partners for $303M.

Apollo Global Strikes $5.4B Deal for Tech Data; Rich Hume Quoted

Funds managed by alternative investment manager Apollo Global Management’s (NYSE: APO) affiliates have agreed to acquire information technology distribution company Tech Data (Nasdaq: TECD) for approximately $5.4B, or $130 in cash per share.