Ponte Vedra, FL and Cambridge, MA — November 5, 2012 — Harbor View Advisors is pleased to announce that Appirio has acquired Knowledge Infusion, creating one of the largest HCM consultancies in the world.
Harbor View Advisors served as exclusive financial advisor to Knowledge Infusion in the transaction.
Based in Minneapolis, Minnesota, Knowledge Infusion is a global human resources consulting organization that helps clients transform people, process, and technology to drive business results. The acquisition creates the world’s largest cloud-powered Human Capital Management (HCM) consultancy. The merger combines Knowledge Infusion’s deep domain expertise in talent and change management with Appirio’s cloud innovation expertise and global scale.
Founded in 2005, Knowledge Infusion provides core HR, talent acquisition, talent management and social collaboration consulting services to more than 350 clients representing over 16 million employees across all continents. The company’s on-demand subscription advisory services, and focus on customer success has made it one of the fastest growing HR technology consultancies in the world. In addition to its advisory work, Knowledge Infusion has become a trusted deployment partner of Workday, SuccessFactors, and Salesforce.com’s Work.com. Additionally, Knowledge Infusion has been named to the Inc. 5000 list of America’s fastest-growing private companies for four consecutive years running.
“Like Appirio, we saw a fundamental shift happening in how companies did business, how the workforce was changing, and the inability for traditional service providers to help business leaders adapt to that shift,” said Jason Averbook, CEO and co-founder of Knowledge Infusion, who becomes Appirio’s Chief Business Innovation Officer. “Appirio’s track record of innovation, their disruptive services model and culture make it a perfect home for Knowledge Infusion. We’re excited to work together to help organizations move beyond traditional HR and deliver on the full potential of people at work.”
Harbor View Advisors provides M&A advisory, turnkey corporate development and strategic consulting to software and technology-enabled business services companies. Our unique approach combines the strategic thinking of a consulting firm with the execution experience of an investment bank to provide clients with the full spectrum of guidance they need to achieve their goals. Whether you are seeking a path to liquidity for your business or are looking to strengthen your corporate development program, we work with your leadership team to solve your toughest challenges.