The Acacia Group acquires Atlanta consulting firm
Tysons equity firm acquired The Baer Group
Tysons-based private equity firm The Acacia Group announced Wednesday that it had acquired Atlanta-based technology, staffing and consulting firm The Baer Group.
Financial details of the transaction were not disclosed.
The Baer Group will form a new platform business within the Acacia platform.
“We see immediate opportunities for Baer to support the clients of current Acacia companies with their demand for skilled technical talent,” Acacia partner and co-founder Craig Dawson said in a statement. “We will also invest in expanding the scale and breadth of Baer’s network of talent to grow its current blue-chip customer base.”
Established in 1997, The Baer Group started as an SAP SE preferred services provider. The company provides digital transformation consulting and development, specializing in enterprise resource planning, cloud integration and data transformation. Baer serves customers in life sciences, consumer products and retail, as well as federal government systems integrators, and has more than 200 consultants.
Baer President Peter Aaron said in a statement, “As a new platform within the Acacia portfolio, we’re creating new possibilities for our company and new opportunities for our people. … We will be expanding and diversifying our technical capabilities and product partnerships, growing our team and strengthening our ability to deliver on an international scale.”
The Acacia Group is a technology investment firm that has completed more than 10 acquisitions in government and commercial technology sectors since its founding in 2016.