Chicago firm will acquire Tysons-based management/IT consulting firm

West Monroe, a Chicago-based business and tech consulting firm, has reached a deal to acquire Tysons-based Pace Harmon, a management and IT consulting firm.

Pace Harmon works with Fortune 500 companies and other large enterprises to determine their optimal service delivery model — in IT and back-office business functions — to optimize performance, cost, responsiveness and service quality.

According to a statement, the acquisition “adds depth in transformation advisory for West Monroe, as well as new capabilities in IT strategy and business process outsourcing, procurement and vendor management.” The statement also reads that the acquisition is the largest in West Monroe’s history, and “is in direct response to the evolving technology landscape: IT and back-office functions within major corporations are being radically transformed by the cloud and digital transformation, which embeds technology strategies and decisions into all functions and lines of business.”

“Pace Harmon’s expertise in value creation and cost takeout are both complementary and additive to West Monroe,” said Doug Armstrong, COO of West Monroe. “Their depth and decades of experience in this space make them highly effective partners, and we are excited to bring our combined capabilities to market and help companies meet these challenges.”