Location: Miami, FL
Initial Investment Date: 4/25/1997
GTCR founded AnswerThink with Ted Fernandez, the former head of KPMG Peat Marwick’s IT consulting practice. GTCR provided capital to start the new company and to finance the company’s strategy of organic growth and selective strategic acquisitions. Now part of the Hackett Group, Inc., a publicly traded company (NASDAQ: “HCKT”), AnswerThink’s services included e-business strategy, interactive marketing and branding and technology architecture and integration. AnswerThink’s business applications services included integration and support for i2, Lawson, Oracle, PeopleSoft, SAP, Siebel and Workforce applications.