Praecipio Consulting Completes Acquisition of 6kites

Chicago, IL— Periscope Equity is excited to announce that its portfolio company Praecipio Consulting, a leading IT services and business process management consulting firm, today announced that it has completed its acquisition of 6kites, a leading Atlassian partner with a deep expertise in custom software development and integrated technology solutions. Together, Praecipio Consulting and 6kites will work to deliver process excellence and value-driven outcomes to customers across the globe, enabling them to unlock- the full potential of their Atlassian products and drive continuous innovation across a broader vertical market.

“This is an exciting day for Praecipio Consulting,” said company CEO, Michael Rapp. “We become stronger with 6kites coming on board. Our combined emphasis on people, culture, brand and alliances across the Atlassian ecosystem gives us the opportunity to make an even greater impact for more customers.”

6kites brings a deep expertise in the aerospace and electric vehicle industries, helping businesses to accelerate innovation while managing compliance in these highly specialized fields. With the addition of 6kites, Praecipio Consulting will be able to build on its leadership in the Atlassian space and deliver greater business value to its existing customers in gaming, biotech, retail and more, while expanding to new and exciting industries.

“We look forward to this exciting new chapter with Praecipio Consulting. 6kites brings transformative technology solutions and award-winning software development to Praecipio’s team, combining with its deep expertise in serving as an enterprise-level strategic advisor. This next phase will deliver even greater business value to our customers and create new growth opportunities for our employees,” said Herb Morreale, founder of 6kites.

“We are thrilled to welcome 6kites to the Praecipio family. As organizations that share values and a strong commitment to customer success, we look forward to joining force with 6kites as we continue to empower the modern enterprise through leading process frameworks and the Atlassian product suite, amplifying the possibility for greater innovation everywhere,” said Christian Lane, founder and Chief Growth Officer of Praecipio Consulting.

“In joining forces, Praecipio Consulting and 6kites are creating an even more powerful offering,” said Global Head of Channels at Atlassian, Ko Mistry. “We’re excited to see what their partnership will bring to our shared customers – particularly those in cutting-edge verticals including the aerospace and electric vehicle markets – helping them to optimize processes, accelerate innovation and scale success.”

“When investing in Praecipio Consulting, our strategy was to join forces with Atlassian Solution Partners and build the dominant Scaled Agile, DevOps, Service Management, and Cloud consulting firm with global reach,” said Eric Hinkle, Principal at Periscope Equity. “The acquisition of 6kites is another step towards this goal, allowing Praecipio to reach customers in new and growing markets.”