Information Services Group, Inc. (ISG) today announced the acquisition of Alsbridge Holdings, Inc., a U.S.-based sourcing, automation and transformation advisory firm, to create a new industry powerhouse in technology research, advisory and digital transformation services. The "new" ISG will serve more than 700 blue-chip clients – including 75 of the 100 largest enterprises in the world – up 35 percent from ISG alone, and its global team will grow by approximately 20 percent, to 1,300 research and advisory professionals. "This is an exciting and historic moment for our firm and all of our stakeholders," said Michael P. Connors, chairman and chief executive officer of ISG.

For more analysis, check out Horses for Sources analysis of the deal.

For weekly news updates, subscribe to our email newsletter.