Crowe Horwath LLP has merged in AbleBridge, a Westborough, Mass.-based software company and consulting firm that develops and sells technology built around the Microsoft Dynamics Customer Relationship Management system.
As part of the transaction, Crowe has acquired all of AbleBridge’s intellectual property. Financial terms of the deal were not disclosed. Crowe Horwath, based in Chicago, ranked 8th on Accounting Today’s 2016 list of the Top 100 Firms, with $721.5 million in annual revenue. This will be Crowe’s first location in the Boston area. Last month, Crowe merged in BaxterBruce, a London-based insurance risk consulting firm (see Crowe Horwath Merges in BaxterBruce).
”AbleBridge brings an innovative software mindset, with a focus on specialized industry solutions,” said Crowe Performance Consulting managing principal Josh Cole in a statement. “The talented people of AbleBridge bring tremendous synergies with our existing Microsoft Dynamics CRM practice, while adding to our deep specialization and focus on the insurance industry.”
AbleBridge has built a Microsoft Dynamics CRM software and consulting practice since CEO Ryan Plourde established the firm in 2007. AbleBridge’s main product, BenefitsBridge, provides insurance benefits brokers with a specialized agency management technology. In addition to insurance, AbleBridge also services organizations in the manufacturing, broker-dealer, wealth management, construction and professional services areas. Plourde will join Crowe as a principal in the firm’s Performance Consulting practice.
“Joining with Crowe gives us greater capacity to better serve our clients and the ability to bring new software solutions to the market rapidly,” said Plourde. “The combination of our product development and marketing expertise, combined with the service capability of Crowe will create a truly differentiated and leading CRM practice.”
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