acumen has been acquired by deltek
“I was a skeptical of the value an M&A advisor could provide. I was wrong. I learned more in the first 45 days working with SEG than in six years running the company. SEG quickly recognized and articulated Acumen’s strategic value, engaged with buyers at a very senior level, and positioned the company to maximize synergy. The result was a home for Acumen and a financial outcome that significantly exceeded expectations.”
Dr. Dan Patterson, Former CEO

SEG Client, Acumen PM, Acquired by Deltek

SAN DIEGO, CA – July 15, 2013. Software Equity Group, LLC (SEG) announced today its client, Acumen PM, LLC, a leading provider of project planning, analytics and risk management solutions to the world’s largest energy, aerospace & defense, and construction & engineering firms, has been acquired by Deltek, the leading global provider of enterprise software and information solutions for professional services firms and government contractors.

For thirty years, Deltek has delivered project and integrated program management (IPM) solutions for project-based businesses. Thousands of organizations around the world use Deltek’s cost, schedule, and resource management solutions to profitably deliver projects for their customers. Acumen enhances Deltek’s planning capabilities, giving companies more power to optimally plan and manage projects from beginning-to-end in alignment with the realistic goals and constraints of their businesses.

“We are thrilled to become part of Deltek and to take the next step in the Acumen journey,” said Dr. Dan Patterson, president and CEO of Acumen. “In Deltek, we have found a fantastic partner that shares our goal of propelling project-based businesses to new heights of financial performance. Key to achieving that is making sure that projects are built upon a sound, realistic and achievable schedule basis, something that has been an elusive goal in the project management process.”

“Acumen is a very successful company that offers innovative solutions unmatched in the marketplace,” said Mike Corkery, president and CEO of Deltek. “We share a common commitment to improve how our customers manage their projects, programs and overall business. We welcome Dan Patterson and the entire Acumen team to Deltek and look forward to growing our business together.”