The Hackett Group, Inc. (NasdaqGS:HCKT) is looking for acquisitions. Ted Fernandez, Chairman and Chief Executive Officer said, "we plan to use our balance sheet by using our current credit facility to fund acquisitions and to buy back stock while continuing to invest in our business. Even though we believe that we have a client base in the offerings to grow our business, we continue to look for acquisitions and alliances that strategically leverage our IP and adds scope, scale or capability, which can accelerate our growth".
The Hackett Group, Inc. is a benchmarking, research advisory and strategic consultancy company. The Companyâs segments include Global Strategy & Business Transformation (Global S&BT), Oracle Solutions and SAP Solutions. The Global S&BT segment includes S&BT Consulting, Benchmarking, Executive Advisory Services, intellectual property (IP) as-a-Service Revenue (IPaaS) and OneStream. The Oracle Solutions Segment helps clients choose and deploy Oracle applications that meet their needs and objectives. SAP Solutions segment helps clients choose and deploy S4 HANA Cloud applications that meet their needs and objectives. Its services include benchmarking, executive advisory, IPaaS, market intelligence, business transformation and cloud enterprise application implementation. It also provides expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement, and information technology, including its Oracle, SAP, and Coupa implementation offerings.