RGP Acquires Digital Transformation Firm Veracity Consulting Group, LLC
RESOURCES CONNECTION (RECN)
Last resources connection earnings: 1/2 04:05 pm
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Source: Business Wire
Transaction adds wide set of digital capabilities to RGP’s solutions platform IRVINE, Calif.--(BUSINESS WIRE)--Resources Connection, Inc., (NASDAQ: RECN), a multinational business consulting firm operating as Resources Global Professionals (‘RGP’), closed a transaction to acquire 100% of the equity of Veracity Consulting Group, LLC (‘Veracity’) for an initial cash consideration of $30.6 million, plus potential additional payments based on longer-term performance.Veracity is a fast-growing, digital transformation firm based in Richmond, Virginia, that delivers innovative solutions to the Fortune 500 and leading healthcare organizations. Founded in 2015 by Bhadresh Patel, Jon Bohlman, Elisa Parkin, Joshua Lindsey, Rachel Adler and Matt Kumper, Veracity combines business-led digital strategy and design prowess with deep technology expertise, serving clients across four core capability areas – Strategy & Roadmap, Brand Experience, Workforce Experience and Customer Experience. Veracity
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