ISG Acquires TPI
I wrote about the formation of Information Services Group, Inc. (ISG) back at the beginning of February. I thought they might acquire a traditional online information company, but instead they’ve opted to buy TPI, “the largest independent sourcing advisory firm in the world focusing on the design, implementation and management of sourcing strategies for major corporate clients.” The price is $280 million in cash. The deal should close 4th quarter 2007.