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Applied Insight has matured into the middle-tier and has brought in a new CEO with large business experience. The now-former CEO has moved to Applied Insight's private equity owner to bring a more tech focus there.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Applied Insight's latest acquisition adds intell firm Most private equity-backed firms are looked at as a merger and acquisition machine that closes one deal and simultaneously looks for the next one. Early in its existence, Applied Insight fit that bill. It closed five deals in less than two years after it was created in 2018 through a spinoff from Intelligent Decisions. But after August 2019, the company didn’t make another deal until this week when it acquired Bridges Inc. Terms were not disclosed. The deal adds a variety of capabilities that compliment AI’s cloud and data analytics of...
Applied Insight Acquires Maryland Cyber Firm Maryland cybersecurity company Bridge Inc. has been acquired by technology solutions provider Applied Insight LLC. The acquisition of the Hanover-based firm was announced today, though terms of the deal were not disclosed. Baird acted as exclusive financial adviser to Bridges on the transaction. News of the deal came to light 12 months and five days after Applied Insight announced that it had acquired cloud integrator Digital Age Experts LLC, which is based in Reston, Virginia. Bridges was founded in 2000 and specia...