Indianapolis-based KSM Consulting is adding to its portfolio. The firm, which specializes in technology, data analytics and management consulting, has acquired Connect Think, an app development company also based in Indy. Financial terms of the deal are not being disclosed.
KSM Consulting says eight former Connect Think founders and employees have joined the firm and plans are in place to hire up to eight additional employees to support a growing need for app development, integration and management. The team will be led by Ryan Achterberg, who has been promoted to director of applications.
"Our clients have been expressing a need for increased support, expansion and optimization of their applications," Mark Caswell, chief executive officer of KSM Consulting, said in a news release. "Traditionally, we have directly offered software strategy, assessment, and selection services, but have partnered for app development and complex integration projects. Bringing on the Connect Think team allows us to fulfill all application needs for our clients."
The announcement comes more than two months after KSM Consulting was acquired by Pennsylvania-based Renovus Capital Partners. The firm says it has already added 42 employees this year and has more than 20 open positions, including roles in applications, technology, data analytics and project management.