Xtreme Consulting Group, a talent and IT solutions company based in the pacific northwest with operations throughout the U.S., today announced that it has entered into a definite business and asset purchase agreement to sell aspects of the current service offering as well as key client accounts.
The sale is subject to customary closing conditions and is expected to close in the next few weeks.
“By leveraging DISYS’ global footprint and expertise in IT solutions and top-notch provision of talent, Xtreme’s clients will be able to increase productivity on critical IT and business initiatives by being able to engage with a proven partner in the space,” said Greg Rankich, CEO of Xtreme Consulting Group in a press release. “The sale will enable DISYS to solidify a presence in some rapid growth regions and continue supporting clients in those areas with highly skilled employees.”
Through the agreement, DISYS will acquire a majority of Xtreme’s current business including key large client projects in the Pacific Northwest and southwest regions. Both companies boast impressive Top 10 clients yet the lists do not currently overlap – making the sale a true expansion for DISYS.
“Xtreme is a high-quality, well-positioned business providing thoughtful and in-demand services to its clients,” said Mahfuz Ahmed, CEO of DISYS said in a press release. “Already an established leader in the talent and IT solutions space, we believe this strategic acquisition is the right response to an increasing shift towards more comprehensive solutions and coverage needs that we are hearing from our clients.”