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Praecipio Acquires Gurnet Consulting to Expand Atlassian Practice

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Praecipio has acquired Gurnet Consulting, an Atlassian-specialized management consulting firm. Financial terms of the deal were not disclosed.

This is technology M&A deal number 262 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.

Praecipio Acquires Gurnet Consulting

Praecipio Consulting, founded in 2006, is based in Austin, Texas. The company has 88 employees listed on LinkedIn. Praecipio’s areas of expertise include Atlassian Confluence, Atlassian JIRA, Atlassian Bamboo, Atlassian Fisheye, Atlassian Crucible, Atlassian Bitbucket, ITIL best practices, business process improvement, Technical Assessment, Managed Services & Hosting, and Atlassian Training.

Gurnet is based in Providence, Rhode Island. The company has 23 employees listed on LinkedIn. Gurnet Consulting's areas of expertise include Project Management, Delivery Management, Project Management Office, Strategic Consulting Services, Vendor Management, Project Portfolio Management, Enterprise Collaboration, Social Collaboration, Digital, Strategy, Execution, Agile, Scrum, Digital Transformation, Agile Transformation, Coaching, Mentoring, Program Management, Change Management, and Training.

The acquisition will broaden Praecipio's global practice in the Northeastern Core of the U.S. and Canada and reinforces its mission to build connected enterprises, the company said in a statement.

Praecipio Chief Executive Officer Michael Rapp commented on the news:

“Gurnet is known and respected throughout the Northeast for its large-scale consulting expertise. Combined, we deepen our best-in-breed engagement models as well as our award-winning Atlassian, DevOps, ESM/ITSM, and agile capabilities. Together, we are uniquely positioned to help customers by empowering people, optimizing processes, and connecting business with technology to enable modern, responsive enterprises.”

Gurnet Chief Executive Officer Martin J. King added:

“We are excited to join Praecipio in delivering proven value that goes beyond product expertise. We’ve both seen how many organizations strive to maximize the power of the Atlassian ecosystem, but don’t have the capability or capacity to experience the full benefits. Our shared depth of expertise gives our clients what they need to achieve a well-crafted strategy that is well-executed.”

Praecipio's M&A Activity

Gurnet joins a growing list of recent acquisitions by Praecipio, including Avant, Coyote Creek and 6kites, all award-winning Atlassian Solution Partners, and propels Praecipio as one of the fastest-growing and largest North American Platinum Solution Partners, the company said.