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The Hackett Group and Civic Initiatives, LLC Announce Strategic Agreement
Miami, FL and Austin, TX – January 16, 2024 – The Hackett Group, Inc. (NASDAQ: HCKT) and Civic Initiatives, LLC, today announced an agreement to foster a collaborative business relationship aimed at driving mutual growth and innovation in the field of public procurement. This agreement establishes a strategic alliance between Civic Initiatives and The Hackett Group® – two industry leaders known for their expertise in benchmarking, consulting and advisory services. The agreement seeks to explore synergies in the public sector, providing clients with enhanced capabilities and a wider range of solutions.
Dustin Lanier, founder and principal consultant of Civic Initiatives, expressed enthusiasm about the alliance, stating, “We are excited to embark on a deep relationship with The Hackett Group to deliver greater impact on public sector and higher education procurement. By infusing Civic’s assessment expertise in public procurement with The Hackett Group’s benchmarking capabilities, we can expect to offer unparalleled insights and value to our clients.”
The Hackett Group Principal and Global Procurement Advisory Practice Leader Chris Sawchuk also shared his optimism, saying, “The partnership with Civic Initiatives opens up exciting opportunities to leverage our expertise in benchmarking and advisory services. Together, we aim to bring innovative solutions to public procurement challenges and create lasting impact.”
The Alliance Agreement between Civic Initiatives and The Hackett Group establishes that Civic Initiatives will leverage selected benchmarking capabilities in their assessment project tools, and that in turn The Hackett Group will invite Civic into public sector opportunities it sources. Collectively, this is expected to bring expanded ability to measure and improve performance for the clients of both firms.
About The Hackett Group
The Hackett Group, Inc. (NASDAQ: HCKT) is a leading benchmarking, research advisory and strategic consultancy firm that enables organizations to achieve Digital World Class® performance.
Drawing upon our unparalleled intellectual property from more than 25,000 benchmark studies and our Hackett-Certified® best practices repository from the world’s leading businesses – including 97% of the Dow Jones Industrials, 93% of the Fortune 100, 73% of the DAX 40 and 52% of the FTSE 100 – captured through our leading benchmarking platform Quantum Leap® and our Digital Transformation Platform, we accelerate digital transformations, including enterprise cloud implementations.
For more information on The Hackett Group, visit: https://www.thehackettgroup.com/; email info@thehackettgroup.com; or call (770) 225-3600.
The Hackett Group, Hackett-Certified, quadrant logo, World Class Defined and Enabled, Quantum Leap and Digital World Class are the registered marks of The Hackett Group.
Cautionary Statement Regarding “Forward-Looking” Statements
This release contains “forward-looking” statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934, as amended. Statements including without limitation, words such as “aims”, “expects,” “anticipates,” “intends,” “plans,” “believes,” seeks,” “estimates,” or other similar phrases or variations of such words or similar expressions indicating, present or future anticipated or expected occurrences or outcomes are intended to identify such forward-looking statements. Forward-looking statements are not statements of historical fact and involve known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance or achievements to be materially different from the results, performance or achievements expressed or implied by the forward-looking statements. Factors that may impact such forward-looking statements include without limitation, the ability of The Hackett Group to effectively market its digital transformation and other consulting services, including those services that are involved in the Framework Agreement discussed above whether delivered individually or jointly with Civic,, competition from other consulting and technology companies that may have or develop in the future, similar offerings, the commercial viability of The Hackett Group and its services, as well as other risk detailed in The Hackett Group’s reports filed with the United States Securities and Exchange Commission. The Hackett Group does not undertake any duty to update this release or any forward-looking statements contained herein.
