Perficient Announces Acquisition of PSL

Perficient, the leading digital consultancy transforming the world’s largest enterprises and biggest brands, announced the acquisition of Productora de Software S.A.S. (“PSL”), a $33 million annual revenue nearshore software development company, based in Medellin, Colombia, with additional locations in Bogota and Cali, Colombia.

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“We are excited to strengthen our global delivery capabilities with the strategic acquisition of nearshore software development firm PSL”

The acquisition is expected to be accretive to adjusted earnings per share immediately.

“We are excited to strengthen our global delivery capabilities with the strategic acquisition of nearshore software development firm PSL,” said Jeffrey Davis, Perficient Chairman and CEO. “The need for our clients to adapt and innovate rapidly has never been more critical, especially in today’s unprecedented environment. PSL brings the highest quality custom application and software development services from its centers in Colombia. We’re thrilled to add their nearshore software development expertise to further enhance our existing global capabilities and help our clients accelerate innovation and speed time to market.”

The acquisition of PSL:

  • Strengthens Perficient’s global delivery capabilities, enhancing its nearshore systems and custom software application development, testing, and ongoing support for customers, ensuring they have the right people in the right place at the right time;
  • Expands Perficient’s presence into Latin America, adding nearshore software development locations in Medellin, Bogota, and Cali, Colombia;
  • Adds more than 600 skilled professionals; and
  • Brings strategic client relationships with Fortune 1000 customers across several industries, including healthcare, financial services, technology, and business services sectors.

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