Source: businesswire
The Hackett Group, a leading generative artificial intelligence consultancy and strategic advisory firm, has completed its acquisition of Spend Matters, a respected authority in procurement and supply chain solutions market intelligence. Founded in 2004, Spend Matters has built a strong reputation for providing insights and analysis that help organizations optimize their procurement processes.
“We are thrilled to combine our collective strengths in data-driven market intelligence and executive advisory with the innovative capabilities of Spend Matters’ platform and products,” said Ted Fernandez, CEO of The Hackett Group®. “This acquisition not only deepens our procurement and supply chain insights but also positions us to extend our market intelligence into adjacent domains, enabling broader impact for our clients across the enterprise.”
“We are thrilled to combine our collective strengths in data-driven market intelligence and executive advisory with the innovative capabilities of Spend Matters’ platform and products,” said Ted Fernandez, CEO of The Hackett Group. “This acquisition not only deepens our procurement and supply chain insights but also positions us to extend our market intelligence into adjacent domains, enabling broader impact for our clients across the enterprise.”
The acquisition brings together Spend Matters’ deep technology insights with The Hackett Group’s advisory expertise. Carina Kuhl will lead the combined market intelligence practice, bringing her expertise in strategic product development and research expansion. “We’re thrilled to join The Hackett Group and combine our deep technology insights with their trusted advisory expertise to fuel the next wave of innovation,” said Kuhl. “Now, by joining forces with The Hackett Group, we’ll elevate that intelligence, embedding it into a broader, data-driven advisory model that delivers even greater strategic value for both buyers and vendors.”
“This acquisition enables us to offer a more complete and connected view of the procurement and supply chain technology landscape, helping executives make faster, more confident decisions,” said Andy Warzecha, principal and Executive Advisory Practice Leader at The Hackett Group. “Spend Matters’ advanced platforms add powerful technology-driven capabilities to our executive advisory model, helping clients translate vendor intelligence into strategic action with speed and precision.”