Will Thoretz, ISG
+1 203 517 3119
Jim Baptiste, Matter Communications for ISG
+1 978 518 4527
The following news was originally announced in ISG’s first-quarter 2016 earnings release.
ISG Acquires Change Management Firm TracePoint Consulting
Acquisition Positions ISG for Industry Leadership in Rapidly Growing Organizational Change Management (OCM) Solutions
STAMFORD, Conn., May 9, 2016 – Information Services Group, Inc. (ISG) (NASDAQ: III), a leading technology insights, market intelligence and advisory services company, today announced it has acquired the business of TracePoint Consulting, an industry-leading organizational change management firm based in Atlanta, Georgia.
Founded in 2009, TracePoint provides business transformation services that enable Fortune 1000 enterprises to successfully manage the changes associated with digital transformation, system implementations and upgrades, mergers and acquisitions and other large-scale business change initiatives.
The acquisition strengthens ISG’s portfolio of strategy, operations and transformation services, and complements the firm’s growing digital advisory services practice.
“Our acquisition of TracePoint adds industry-leading capabilities, credibility and partnerships that immediately expand our strategy, operations and transformation services in the key area of organizational change management (OCM),” said Michael P. Connors, chairman and CEO of ISG. “The demand for OCM is growing in the age of Digital Business, a period marked by intense change and increased complexity as organizations pivot quickly toward digital solutions that enhance customer experience, improve organizational efficiency and response times, and enhance top- and bottom-line growth.”
TracePoint’s deep expertise in OCM includes strategy development, organizational alignment and communications, leadership coaching and end-user training. The firm also has strong industry relationships with enterprise software providers, including SAP and Infor.
“We are excited to be joining ISG,” said Randy Geoghagan, founder and president of TracePoint, who will continue to lead the business. “ISG is known for helping clients design new technology-enabled operating models and leading those clients through the organizational and technology changes needed to achieve a successful future operating state. TracePoint complements those capabilities by helping enterprises and their employees adapt to and embrace new operating models and technology, a key factor in the success of business and digital transformations.”
About TracePoint Consulting
TracePoint Consulting is an industry-leading organizational change management (OCM) firm specializing in business transformation services. Based in Atlanta, TracePoint helps enterprises and their employees successfully manage the changes associated with system implementations and upgrades, mergers and acquisitions and other large-scale business transformation initiatives. For more information, visit http://www.tracepointconsulting.com.
About Information Services Group
Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning. Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience and global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 1,000 employees and operates in 21 countries.
For additional information, visit www.isg-one.com.
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