The acquisition of UMT360, a business that specializes in work software and has its headquarters in Bellevue, was announced on Wednesday by the two corporations. North Highland is a worldwide consulting organization with its headquarters in Atlanta.
UMT360 is claimed to have around 150 workers, all of whom will be joining North Highland as part of the purchase, according to a representative for North Highland. The particulars of the transaction were not made public.
According to statements made by Alex Bombeck, Chief Executive Officer of North Highland, in a news release, “the integration of this unique platform into our offerings means that we can help organizations more effectively achieve business agility.”
According to the spokeswoman for North Highland, no employees would be required to relocate as a result of the transaction; rather, the company “will revisit consolidated office spaces at a later time.”
Atlanta consulting firm acquires Bellevue software business UMT360.
According to the information provided on the company’s LinkedIn page, UMT360 will not be moving out of its current location at the Symetra Center in Bellevue.
According to the spokesman, North Highland today has over 5,000 workers and more than 50 offices, and North Highland will absorb the UMT360 brand in the near future.
UMT360 was established in the year 2013. The software developed by the firm assists with a variety of management tasks, including resource planning, managing roadmaps, scenario modeling, and more.
The product is compatible with SAP and Oracle, in addition to Microsoft Teams. According to the spokesman, UMT360 has staff located in Romania, in addition to the United States and Canada.
According to his LinkedIn page, Catalin Olteanu, the Chief Executive Officer of UMT360, worked with Microsoft for around four years earlier in his career.
In the meanwhile, North Highland was established the same year, in 1992. The firm provides consulting services to a variety of industries, including the financial services industry, the hotel industry, the health care industry, and the life sciences.
According to the information available on Bombeck’s LinkedIn profile, he has been working for North Highland for more than nine years. Prior to that, he held the position of chief digital officer at the communications organization Havas Creative Network.
In a press announcement, Olteanu was quoted as saying, “Our one-of-a-kind platform represents the intersection between business strategy execution and business enterprise architecture capabilities.” “We are excited to combine our software and services with the scale that North Highland can provide, and to work together with them to better serve our customers,”