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Stock impact report

Perficient Announces Acquisition of Brainjocks

Perficient, Inc. (PRFT) 
Last perficient, inc. earnings: 2/25 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: perficient.gcs-web.com/investor-relations
Company Research Source: Business Wire
ST. LOUIS--(BUSINESS WIRE)--Perficient, Inc. (Nasdaq: PRFT) (“Perficient”), the leading digital consultancy transforming the world’s largest enterprises and biggest brands, today announced the acquisition of Catalyst Networks, Inc., a Georgia corporation doing business as Brainjocks (“Brainjocks US”), a $13 million annual revenue digital consultancy with a strong Sitecore platform focus. Additionally, Perficient has signed a purchase agreement to acquire an affiliate of Brainjocks, Brainjocks Europe d.o.o. Novi Sad, a limited liability company incorporated under the laws of Serbia (“Brainjocks Europe” and collectively with Brainjocks US, “Brainjocks”), which will close following the satisfaction or waiver of certain conditions.The acquisition is expected to be accretive to adjusted earnings per share immediately.“We are excited to continue strengthening our Sitecore consulting and marketing technology capabilities with the strategic acquisition of Brainjocks,” said Jeffrey Davis, Show less Read more
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