BOSTON, June 2, 2022
/PRNewswire/ -- BV Investment Partners (BV), a middle-market
private equity firm focused on the tech-enabled business services,
software and IT services sectors, announced today the signing of a
definitive agreement to 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, Massachusetts, GlideFast Consulting
is dedicated exclusively to ServiceNow, providing tailored
solutions and professional services for ServiceNow implementations,
integrations, managed support services and application development
for commercial and government clients throughout North America. BV invested in GlideFast in
2020 and merged it with sister company Pharicode in 2021. Since
then, BV helped to strengthen the organization through a series of
strategic and operational initiatives, including the acquisition of
CloudPires, building GlideFast into the largest ServiceNow partner
exclusively dedicated to ServiceNow and earning the distinction of
ServiceNow Elite Partner of the Year based on 2021 performance.
Michael Lombardo, CEO 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 top notch implementation 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 the BV team
provided in helping us accelerate our growth and getting us to this
successful outcome."
Matt Kinsey, Managing Partner of
BV Investment Partners, said, "We partnered with the founders of
GlideFast because we shared their vision that the company could
build upon its presence in the ServiceNow ecosystem and help
companies optimize their investments in the ServiceNow
platform. We're extremely proud of what the team, led by
Mike Lombardo, has accomplished over
such a short time horizon and look forward to seeing the business
continue to expand and innovate in partnership with ASGN."
The transaction is subject to customary closing conditions and
regulatory approvals and is expected to close in July.
About GlideFast Consulting
GlideFast Consulting is a ServiceNow Elite Partner and
professional services firm that provides tailored solutions and
professional services for ServiceNow implementations, integrations,
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
sector-focused private equity firms in North America. Since its founding in 1983, the
firm has invested approximately $4.4
billion, actively targeting investments in the tech-enabled
business services, software, and IT services industries. For more
information, visit www.bvlp.com.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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SOURCE BV Investment Partners