Infosys Completes Acquisition of Blue Acorn iCi, a Leading Adobe, Salesforce Commerce & Shopify Partner, from Beringer Capital

BERINGER CAPITAL, a New York and Toronto-based private equity firm, announced the completion of the acquisition of award-winning customer experience (CX), commerce and analytics company, Blue Acorn iCi, by Infosys for $125 million.

Blue Acorn iCi was among the first companies to earn specializations in both Adobe Experience Manager and Magento Commerce, and gained further recognition as both the Adobe Emerging Solution Partner of the Year for the Americas and Salesforce Commerce Partner of the Year.  With this acquisition, Infosys is deepening its end-to-end customer experience offerings and specializations in commerce and analytics.

“It has been a privilege to work closely with the Blue Acorn iCi team in partnership to quickly build one of the leading digital customer experience companies in North America,” said Brian F. Martin, Vice Chairman and Managing Partner at Beringer Capital. “Through key investments in leadership, customer success, revenue generation and new products, Blue Acorn iCi has grown to become a driving force in helping enterprises digitally transform. By seamlessly connecting CX, commerce, analytics, and direct-to-consumer (DTC) services, the team has reimagined digital transformation, and we are confident that Blue Acorn iCi has found an outstanding home with Infosys.”

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Over the past three years, Blue Acorn iCi has undergone a period of rapid growth and transformation. Working alongside Beringer Capital, the award-winning team has been successful in identifying and developing new strategic partnerships and alliances in the CX, commerce and analytics ecosystems.

“By working closely with Beringer Capital, we were able to focus the growth of the entire organization on the right things: people, process, and platforms,” said Greg Boone Co-CEO of Blue Acorn iCi.”Beringer has always been more of a partner than a parent, and under their close stewardship, we were able to position ourselves to add significant value to our clients and partners.”

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Chris Guerra, Co-CEO of Blue Acorn iCi shared that, “Beringer provides a 360-degree approach to helping entrepreneurs maximize their business and take it to the next level. We would not be where we are today without the 24/7 dedication and support.”

As one of the top Magento Commerce-certified partners worldwide, Blue Acorn iCi will provide Infosys with significant cross-technology capabilities through the convergence of customer experience, digital commerce, analytics, and direct-to-consumer services.

“Blue Acorn iCi has built a robust practice and proven their expertise across Adobe Experience Cloud,” said Tony Sanders, Senior Director, Americas Partner Sales, Adobe. “The team is creative, committed and collaborative, and together with Infosys, we look forward to building on this remarkable momentum.”

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