CHICAGO--(BUSINESS WIRE)--Tryarc, LLC is pleased to announce that it has been acquired by the global business and technology consultancy firm, The Revere Group, an NTT Data company. Tryarc, LLC, a privately held information technology consulting firm that specializes in Business Systems and Custom Application Development, will continue to operate out of its current offices located in Los Angeles and San Francisco, CA. The merger is another step in Revere’s expansion strategy to better service fast growing and middle tier global companies as well as Japanese multi-national companies in the western U.S.
“Becoming a part of The Revere Group provides us with a platform to accelerate growth in this region. In addition to our solid service offerings in SAP, Microsoft, Business Objects and Software development, we are now positioned to offer our clients expanded services such as Business Continuity Planning, Organizational Change Management, Managed Hosting and Operational IT Services,” states Trevor Bezdek, managing partner and founder of Tryarc. “We look forward to leveraging existing relationships and strengthening the Revere and NTT Data brand in the West.”
The Tryarc merger will add approximately 100 employees to Revere. The current senior leadership’s depth of experience includes IT strategy, software development, business-process reengineering and consulting, and spans industries such as entertainment, healthcare, and manufacturing and distribution. The existing management team is committed to growing Revere’s presence in the West.
“This acquisition supports the goal of expanding our presence throughout North America over the next three years. Tryarc’s growth, reputation and service offerings are particularly complementary to Revere,” states Michael Horne, Revere’s executive vice president and managing director for the west region. “Additionally, Tryarc’s strong business partnerships and service offerings in SAP, Microsoft as a Gold Partner, and Business Objects as a Platinum Partner bring good scale, depth and breadth to our existing practices.”
Revere is actively pursuing additional acquisitions in the West Coast states. Over the next five years, the company’s strategic business plan includes a combination of organic and acquisition growth to propel Revere’s western region to approximately $125M annually. With multiple offices in the West, the company anticipates growing to over 500 employees in the region.
Knox & Co. of Westport, Connecticut, along with its Japanese alliance partner Mitsubishi UFJ Securities (USA), Inc., served as financial advisor to Revere on the transaction.
Tryarc LLC, headquartered in Los Angeles, CA, is a full service information technology consulting firm that specializes in Business Systems, Custom Software Development and Process Outsourcing. Founded in 2001, Tryarc is dedicated to strengthening business performance and competitive advantage for its clients through tailor-made, high quality consulting services and software application solutions. By utilizing a defined framework, Tryarc offers its clients both a low initial investment cost and low total cost-of-ownership. Tryarc routinely functions as a virtual extension of its client's delivery organization through an accessible staff, a proven and highly efficient methodology and engineering excellence. For more information, visit www.tryarc.com.
About The Revere Group
In operation since 1992, The Revere Group is a North American business unit of NTT Data. Revere is a leading business and IT solutions firm dedicated to accelerating growth, improving profitability and driving performance for its clients. Revere’s services focus on three core business areas of Business Consulting, IT Solutions and Managed Technology Services. As a trusted advisor to its clients, Revere’s service approach of Think, Build and Source develops cost-effective solutions while achieving business results that deliver high value and return. Based in Chicago, IL, The Revere Group delivers its solutions throughout the United States, India and Asia. For more information, visit www.reveregroup.com.