West Monroe acquires Verys to scale digital product engineering capabilities
CHICAGO--(BUSINESS WIRE)--Sep 23, 2021--
Today, West Monroe announced it has acquired Verys, a Santa Ana, Calif.-based product engineering services firm. The transaction, which closed on Wednesday, Sept. 22, represents the largest for West Monroe to date.
The acquisition comes on the heels of the firm’s announcement last week that it is making a $250 million investment in continuing to build its end-to-end digital services in response to unprecedented client demand, and particularly in building a global product development platform. Verys is part of the platform, which will significantly boost West Monroe’s ability to build and manage digital products for clients as it begins to globally source tech talent.
Verys was founded in 2012 and is headquartered in Santa Ana, Calif. The company has more than 220 employees, most of which work remotely from “anywhere,” including 15% working from Costa Rica. Its employee base covers a well-rounded team of engineers, UX designers, DevOps specialists and project managers who specialize in building software.
The acquisition is the first in a series that will create scale, efficiency, and depth in product engineering for West Monroe, which takes an industry-led approach to solving known issues facing Fortune 1000 clients. It also helps the firm take another step forward in delivering comprehensive digital solutions to Fortune 1000 and mid-market clients via global sourcing, building on the success and talents of its Product & Experience Lab and Technology teams.
“Verys brings a strong level of talent, extensive experience in building world-class digital products, and a culture that values quality, craftsmanship, and people,” said Tom Bolger, chief strategy officer for West Monroe. “Their understanding of the product lifecycle and agile approach is exactly what our clients need to become more digital organizations.”
Co-founders Chris Antonius and Mike Zerkel will continue to run Verys as a West Monroe-owned company. Integration is expected to be complete in early 2022.
West Monroe is one of the fastest growing digital consulting firms in the United States. Its goal is to become a $1 billion organization by 2025 by helping companies be digital. Unlike other consulting firms, West Monroe believes digital transformation is a myth—digital is not a project, a team, or a destination, it is instead a mindset and way of working. West Monroe continually moves clients closer to running a digital organization. More can be found at WestMonroe.com/BeDigital.
About West Monroe
West Monroe is a digital consulting firm that was born in technology but built for business—partnering with companies in transformative industries to deliver quantifiable financial value. We believe that digital is a mindset—not a project, a team, or a destination—and it’s something companies become, not something they do. That’s why we work in diverse, multidisciplinary teams that blend industry expertise with deep operational and technology capabilities—moving clients from traditional to digital operating models and creating products and experiences that transcend the digital and physical worlds. Our 1,800 employees also own 100% of our business, so when you partner with us you know we are committed—because your success is our success. Our undeniably different approach breeds undeniable results. Visit WestMonroe.com to learn more.
View source version on businesswire.com:https://www.businesswire.com/news/home/20210923005142/en/
CONTACT: Christina Galoozis
Senior Manager, External Communications
KEYWORD: UNITED STATES NORTH AMERICA ILLINOIS
INDUSTRY KEYWORD: PROFESSIONAL SERVICES DATA MANAGEMENT TECHNOLOGY OTHER TECHNOLOGY SOFTWARE CONSULTING
SOURCE: West Monroe
Copyright Business Wire 2021.
PUB: 09/23/2021 11:30 AM/DISC: 09/23/2021 11:32 AM