The Acacia Group Announces the Divestiture of Highmetric's ServiceNow Division to Gryphon Investors
Remaining company rebranded as MajorKey Technologies with a renewed focus on delivering client digital transformation
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WASHINGTON, May 27, 2021 /PRNewswire/ -- – The Acacia Group ("Acacia"), values-driven operational investors in technology and services business, today announced that Gryphon Investors has acquired the ServiceNow division of their portfolio company, Highmetric. Acacia retains a minority investment in the company as part of the transaction. Since the Highmetric brand goes with the Gryphon acquisition, the remaining company has rebranded as MajorKey Technologies. Acacia will continue to build MajorKey as a market leader amongst its investments in technology product and services companies delivering cloud-enabled digital transformation for commercial and government clients.