In a move that will allow it to offer a more robust spectrum of IT consulting services for its financial services clients, accounting and advisory firm Richey May has acquired two IT consulting firms; Arrow Partnership, a nationwide provider of management and IT consulting services, and Corporate Blue, a cybersecurity and managed IT services firm.
Terms of the transactions were not divulged.
The two IT services firms will now become part of Richey May’s new technology solutions division.
In a release, Richey May says the acquisitions will enable it to address the growing IT demands of its mortgage banking clients, including the need for cloud-based managed services, strategic technology management consulting, and cybersecurity risk assessments.
“Arrow Partnership and Corporate Blue have excellent reputations for providing a wide range of IT consulting services that span multiple industries,” says Ken Richey, founding partner of Richey May. “As the demand for strategic IT planning and compliance intensifies, these acquisitions will ensure we are able to meet the needs of mortgage lenders for years to come.”
Founded in 2003 and based in Denver, Colorado, Arrow Partnership specializes in technology management, governance, risk, compliance and security consulting services, and digital marketing.
Arrow Partnership’s managing partner and co-founder Chan Pollock will join Richey May as executive director of the firm’s technology consulting practice, while senior practice leader Garry Woods will head up the company’s governance, risk and controls practice.
Corporate Blue, based in Southern California, provides IT security, virtual chief information security officer services, cloud security and managed IT services.
Mike Wylie, co-founder and CEO of Corporate Blue, will join Richey May as a director in the firm’s cybersecurity practice.