Latest acquisition crucial to Acacia’s strategy to address the growing shortage of skilled talent to lead and support digital transformation initiatives
WASHINGTON, May 25, 2022 / PRNewswire/-Acacia Group, value-driven operational investors in the digital transformation business, announced today that it has acquired The Baer Group, a specialist in high-end technology services that supports major commercial and public sector organizations. Acquisition is central to Acacia’s strategy of building businesses trained in helping government and commercial organizations access the agile technical talent and services they need to deliver digital change. Baer Group will develop a new business platform within the Acacia portfolio.
Craig DawsonCo-founder and Partner with Acacia, said: “The global demand for the best technical talent is at the highest of all and will only continue to grow. The team at Baer, highly regarded by their clients, is oversees an extensive network of highly skilled consultants and developers enabling clients to take advantage of the full commercial potential and mission of digital transformation.We see immediate opportunities for Baer to support its clients. current Acacia company in their need for skilled technical talent.We will also invest in expanding the size and scope of Baer’s talent network to grow its current blue-chip customer base.Baer has a bright future as part of Acacia family. We’re pleased to welcome them to the team. “
Baer Group was founded in 1997 in Atlanta as an SAP preferred services provider. Since then, the company has become a trusted partner with Fortune 500 companies in key markets including life sciences, consumer products, and retail — leveraging their digital transformation strategies to consultants and developers. specializes in Enterprise Resource Planning (ERP), cloud integration and data transformation. Baer also works closely with federal system integrators, who support U.S. government programs with specialized resources and subject matter experts. Today, Baer’s project teams specialize in a wide range of enterprise platforms, including SAP, Oracle, Salesforce, ServiceNow, AWS, Azure and Google Cloud.
Peter AaronPresident of The Baer Group, said: “As a new platform within Acacia’s portfolio, we are creating new possibilities for our company and new opportunities for our people. Together we have ambitious plans that will allow us to grow in size and boost our value to clients.We will expand and diversify our technical capabilities and product partnerships, grow our team and strengthen our ability to deliver internationally. Acacia shares our commitment to building teams of highly skilled and motivated people around a culture of change.That shared philosophy will serve us well as we continue to grow Baer as a destination of employers for the best talent in the industry. “
The rationale for Acacia’s acquisition of Baer comes from its direct experience with the growing challenges faced by organizations in attracting and retaining the best technical talent in a post-pandemic world. Skilled people are looking for greater career opportunities, diversity and flexibility. These dynamics, along with the lack of experienced engineers and developers, make it more challenging and costly for large organizations to maintain in-house technical teams. Such organizations are increasingly turning to businesses like Baer for specialist support.
The Baer acquisition is built on Acacia’s 2020 acquisition of TradeHelm, a world-class nearshore software development business based in Argentina. TradeHelm is now part of a very successful global delivery capability for MajorKey Technologies, a digital transformation business within the Acacia portfolio — responding to growing client demand for more agile and cost-effective development capabilities. of software.
7 Mile Advisors served as exclusive advisors to The Baer Group for this transaction.
About The Acacia Group
Acacia Group is a values-driven technology investment firm. We build businesses that benefit and deliver digital innovation, creating conditions for strong and sustainable growth. We empower talented leaders, shape collaborative cultures, nurture unique talent, build diverse IP, and build unique brands. As independent sponsors, we can focus on creating great business with hands-on support for our management teams. In this way, we enable the companies in our portfolio to reach new heights of success. For more information, visit The Acacia Group or follow us on LinkedIn.
About The Baer Group
Ang Baer The group delivers comprehensive technology services in support of enterprise digital transformation projects. We strive to align the best technologies, processes and people to stimulate commercial growth and mission success of our clients in the private and public sectors. Through the combination of our vast staff, our proven best practices, and access to world-class talent, we deliver an approach tailored to each client’s unique needs, with industry-leading expertise in wide range of enterprise technology platforms including SAP, Oracle, Salesforce, Service Today, AWS, Azure and Google Cloud. For more information, visit The Baer Group or follow us on LinkedIn.
Inspire Agency on Behalf of The Acacia Group
SOURCE The Acacia Group