CHICAGO – (Feb. 8, 2024) – AArete, a leading global management and technology consulting firm announced that it has acquired Legerity, a technology consulting firm based in Norfolk, Virginia.
This strategic acquisition will expand AArete’s technology solutions and capabilities for its clients in healthcare, financial services and the public sector. The Legerity team brings extensive business and technical knowledge, including systems strategy and implementation expertise for Pega (workflow automation), and QNXT™ and Facets® (healthcare payer claims administration). Legerity is a Pega-authorized partner and brings a Pega-certified team to AArete.
“Welcoming Legerity to the AArete team aligns with our goal to be an end-to-end solution provider that delivers world-class business and technical solutions to clients,” said Loren Trimble, AArete CEO. “The acquisition not only grows AArete’s client base and capabilities; it also deepens relationships with clients that AArete and Legerity already share.”
“This strategic move enhances AArete’s core administration systems capabilities for healthcare payers as they relate to systems implementation, migration, and upgrading of QNXT™, Facets®, HealthRules® and other claims platforms,” said Maulik Bhagat, AArete EVP of services and innovation. “This is a significant expansion of AArete’s digital and technology solutions, and strengthens our digital transformation, automation and AI service offerings across industries.”
“I’m proud of the company we’ve built and the expertise that Legerity will bring to AArete and its clients,” said Jeff Schrecengost, Legerity co-founder. “This acquisition enables enhanced value delivery for both companies’ clients, who will now have easy, fully integrated access to the combined suite of service offerings from both AArete and Legerity.”
As part of the acquisition, AArete will sunset the Legerity brand. The two organizations will seamlessly integrate their solutions under AArete going forward to enhance their collective capabilities for existing and future client needs.
AArete celebrated its 15th anniversary in 2023 and is among Forbes World’s Best Management Consulting Firms.