KUHN CAPITAL Monday, October 23, 2017
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KC Initiates Insolexen Merger with Perficient

Kuhn Capital announced today that it has, on behalf of its Michigan-based client, Insolexen, initiated its merger with Austin-based Perficient (Nasdaq: PRFT), for $13.4 million.

Insolexen, less than three years old with over 100 employees and about $13 million in sales, had quickly grown into one of the country’s leading technical consultancies, specializing in the integration and installation of IBM’s WebSphere, TIBCO and webMethods applications.

Perficient, with a market capitalization of about $350 million, is also among the largest independent WebSphere integrators. The combination presents Insolexen managers, employees and clients with the benefits of access to Perficient’s greater organizational and technical resources at the same time it furthers Perficient’s commanding presence in the technical consulting field.

In 2000, Kuhn Capital had represented Perficient in its $60 million purchase of Compete, also a WebSphere integration specialist.

"We were pleased to have been selected by Insolexen management and owners to represent their interests in this transaction. We believe the combination will result in substantial advantages for both parties, " said Ryan Kuhn, a Kuhn Capital principal.

Contact:
Dianne Salam, Kuhn Capital
847/457-2400


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