American CyberSystems Acquires Global IT Consulting Firm GGK Technologies
American CyberSystems (ACS) has acquired GGK Technologies, a global IT consulting company that has offices in India, the United States, Australia and Europe. The deal bolsters American CyberSystems’ IT consulting capabilities both on-shore and off-shore, the buyer notes. Financial terms were not disclosed.
Founded in 2004, GGK Technologies has roughly 1,000 employees. It sounds like revenues were in the $50 million neighborhood as of late 2016 or early 2017, according to an Economic Times article from May 2017. The company’s core services include developers and consultants focused on artificial intelligence (AI), advanced analytics, custom application development, robotic process automation, cloud and the Internet of Things (IoT).
Meanwhile, ACS Group generates over $700 million in revenue with more than 12,000 employees and consultants worldwide. The company was recently recognized as the Largest Minority-Owned IT Staffing Firm in the U.S. and 8th Largest IT Staffing Firm in the U.S. (2017 SIA). ACS’s staffing and IT expertise stretches across several markets, though the company is best-known for its healthcare services.
ACS underwent a significant restructuring in 2017, splitting its U.S. business into five specific regions — each of which now sells the full suite of company services across staffing, solutions, and payrolling. Three sales-focused, IT service veterans — Chris Batson, Tim Atkinson and Don Stoner — were leading the charge forward, CEO Raj Sardana mentioned at the time.
Headquartered in Atlanta, Georgia, ACS has offices across the U.S., and a presence in Canada, India, Ireland, the United Kingdom, and Latin America. Looking ahead, GGK Technologies will become part of ACS’s solutions group.