Perficient, Inc. (PRFT) Acquires Digital Consultancy Bluetube

October 13, 2016 9:01 AM EDT

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Perficient, Inc. (Nasdaq: PRFT) announced it has acquired Bluetube, a $7 million annual-services-revenue digital consultancy with deep expertise in enterprise mobile applications.

The acquisition is expected to be accretive to adjusted earnings per share immediately.

“We are excited to continue to strengthen our digital capabilities with the strategic acquisition of Bluetube,” said Jeffrey Davis, Perficient’s chief executive officer and president. “Bluetube’s capabilities are highly complementary to those of our award-winning creative agency, Perficient Digital, and in a mobile-first world are a key strategic differentiator. Bluetube’s reputation for delivering excellent digital and mobile experiences, customer-centric mentality, and solid client roster ensures a strong cultural fit and compelling opportunities for accelerated growth moving forward.”

The acquisition of Bluetube:

  • Enhances and expands Perficient’s digital experience offerings with additional strategy, creative services, mobile, and marketing expertise;
  • Increases Perficient’s presence in the southeastern United States and in the enterprise-rich Atlanta market;
  • Strengthens Perficient’s Microsoft-oriented offerings by deepening its Sitecore practice expertise and introducing an Elite-level Xamarin partnership – one of just 10 globally – to the firm;
  • Adds approximately 60 consulting, digital agency, technology, sales, and support professionals; and
  • Brings client relationships with enterprise customers including Home Depot, Jackson Energy Authority, Kimberly-Clark, Mapco Express, the New York Philharmonic, Sea Tow, Turner Broadcasting, and many others.

Bluetube’s chief executive officer, Grant Davies, joins Perficient in a key leadership role.

“Perficient, and its award-winning creative agency, Perficient Digital, is well-known and highly regarded for its digital transformation expertise and experience,” Davies said. “We’re thrilled to join a firm with a reputation for excellence and a distinguished track record of delivering outstanding digital experience, business optimization, and industry solutions to the world’s leading enterprises.”

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