Public announcements or SEC filings

Perficient Acquired by EQT in $3 Billion Deal, Stock Surges 53%

May 6, 2024, 06:28 PM

Perficient, a global consulting firm, has been acquired by private equity firm EQT in a deal valued at approximately $3 billion. The acquisition, which was announced recently, saw Perficient's stock price surge by 53% in premarket trading. This significant increase is attributed to the acquisition terms, which included a premium of 58%. Perficient CEO Tom Hogan commented that the acquisition is a win for shareholders, reflecting the company's strong market performance and strategic value. Additionally, Perficient was recently added to an AI-selected 'Tech Titans' strategy.