BOSTON, June 2, 2022 / PRNewswire/-BV Investment Partners (BV), a middle-market private equity firm focused on the technology-enabled business services, software and IT services sectors, today announced the signing of a specific agreement for sell GlideFast Consulting, an Elite ServiceNow Partner and leading IT consulting, implementation, and development company, to ASGN Incorporated (NYSE: ASGN).
Founded in 2015 and headquartered in Waltham, MassachusettsGlideFast Consulting is exclusively dedicated to ServiceNow, providing tailored solutions and professional services for ServiceNow implementations, integration, managed support services and application development for commercial and government clients across place. North America. BV invested in GlideFast in 2020 and merged it with sister company Pharicode in 2021. Since then, BV has helped strengthen the organization through a series of strategic and operational initiatives, including the acquisition of CloudPires, development of GlideFast to ServiceNow’s largest partner exclusively dedicated to ServiceNow and capture the distinction of ServiceNow Elite Partner of the Year based on performance in 2021.
Michael LombardoCEO of GlideFast Consulting, commented, “GlideFast is the 2022 Global Elite Partner of the year. We are excited to continue to expand our ServiceNow practice by delivering leading execution services to ASGN’s Fortune 1000 customers. This investment from ASGN will greatly enhance our ability to serve the ServiceNow marketplace. We appreciate the help and guidance provided by the BV team in helping us accelerate our growth and deliver us to this successful result. “
Matt KinseyManaging Partner of BV Investment Partners, said, “We partnered with the founders of GlideFast because we shared their vision that the company can build on its presence in the ServiceNow ecosystem and help companies optimize their investments on the ServiceNow platform.We are extremely proud of what the team, led by Mike Lombardowas achieved in a very short time and hopes that the business will continue to expand and evolve in partnership with ASGN. “
The transaction is subject to standard closing conditions and regulatory approvals and is expected to close in July.
About GlideFast Consulting
GlideFast Consulting is a ServiceNow Elite Partner and professional service company providing tailored solutions and professional services for ServiceNow implementations, integration, managed support services, application development, and training. Learn more at www.glidefast.com.
About BV Investment Partners
BV Investment Partners is one of the oldest and most experienced private equity firms focused in the sector North America. Since its founding in 1983, the company has invested roughly $ 4.4 billion, actively targets investments in technology-enabled business services, software, and IT services industries. For more information, visit www.bvlp.com.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
SOURCE BV Investment Partners