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.

Information Services & Technology Leadership Stories have been selected for illustrative purposes. The specific portfolio companies identified are not representative of all active or prior GTCR portfolio companies; results may not be typical and it should not be assumed that investments in other portfolio companies will be or were as profitable. For a complete listing of all active and prior GTCR portfolio companies please click here. Portfolio companies discontinued prior to investment by GTCR exceeding $10 million are excluded. Investment in a fund involves significant risk, including loss of the entire investment.