Multi-process HRSourcing

Information Services Group Acquires TPI for $280M

Information Services Group, Inc. said it will acquire sourcing advisory firm TPI for $280 million in cash. TPI’s founder and members of management will invest 30 percent of their proceeds from the transaction in ISG stock at closing.

Founded in 1989 and privately held, TPI led the market for fact-based advisory services, guiding large enterprises through their BPO engagements. TPI’s market-leading expertise, which leverages proprietary data, is used by corporations to optimize their business processes through a combination of insourcing, offshoring, shared services, and outsourcing.

TPI reported 2006 revenues of $147 million and estimated 2007 revenue growth at nearly 15 percent.

TPI is known for its proprietary, quarterly TPI Index, which provides industry participants with market trends about outsourcing transactions, including transaction structures and terms, industry adoption, geographic prevalence, and service provider metrics. The TPI Index is widely quoted by industry analysts and the media.

“We are delighted to announce this agreement with TPI,” said Michael P. Connors, chairman and CEO of ISG. “This is a great company that meets every criteria we set for our first acquisition. TPI is a fast-growing business that pioneered the sourcing advisory services field and is the clear leader in an industry that is expanding rapidly worldwide.”

Information Services Group, Inc. is an acquisition company founded in 2006 to build a high-growth, industry-leading information services company. The company is seeking acquisitions in areas such as: business, media and consumer information; advisory, data and marketing services; marketing research; Internet-based information, and other segments of the information services industry.

Tags: Multi-Processed HR, Sourcing

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