Praecipio buys Atlassian partner Gurnet Consulting

Praecipio, an Austin-based IT and business process consulting firm, has acquired Gurnet Consulting, a Providence, RI-based Atlassian consulting firm.

Founded in 2008, Gurnet Consulting provides consulting, execution, coaching, and training services for the Atlassian platform. The firm’s consulting services include strategic planning, business process optimization, change management, and agile delivery.

Gurnet has managed over $950 million worth of strategic initiatives across 15 different industries. The firm has 23 employees listed on LinkedIn and offices in Providence and Boston.

Atlassian is leading provider of collaboration, development, and issue tracking software for project management and software developer teams. Atlassian is the second-largest player in the IT service management applications market after ServiceNow, according to data from Apps Run The World.

Praecipio’s acquisition of Gurnet will expand the Austin-headquartered firm’s presence in the Northeast. The firm says the deal – for which financial terms were not disclosed – “cements” it as the market leader for Atlassian products and enterprise transformation in the US and Canada.

“Gurnet is known and respected throughout the Northeast for its large-scale consulting expertise,” said Michael Rapp, CEO of Praecipio. “Combined, we deepen our best-in-breed engagement models as well as our award-winning Atlassian, DevOps, ESM/ITSM, and agile capabilities.”

The Gurnet deal is the fourth Atlassian consultancy acquisition Praecipio has made since receiving investment from Periscope Equity in fall 2021. The consulting firm earlier this year expanded into the Canadian market with the acquisition of Avant and last year bought Boulder-based 6kites and Bay Area-based Coyote Creek Consulting.

“We are excited to join Praecipio in delivering proven value that goes beyond product expertise,” said Martin King, CEO of Gurnet. “We’ve both seen how many organizations strive to maximize the power of the Atlassian ecosystem, but don’t have the capability or capacity to experience the full benefits. Our shared depth of expertise gives our clients what they need to achieve a well-crafted strategy that is well-executed.”

Praecipio is one of the largest Atlassian consulting practices in North America, with 17 offices and more than 210 employees, according to LinkedIn. The firm’s offerings span strategic cloud transformations, agile-at-scale, DevOps, IT service management, and enterprise service management.