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AArete company logo
Corporation
aarete.com

Partners & Customers

6

About AArete

AArete is a global management consulting firm driving client value through strategic profitability improvement, data-driven solutions and market intelligence.

Headquarters Location

200 E Randolph St #3010

Chicago, Illinois, 60601,

United States

312-585-0800

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Latest AArete News

Why AArete Is Buying Technology Consulting Firm Legerity

Feb 9, 2024

AArete (a leading global management and technology consulting firm) announced that it has acquired Legerity (a technology consulting firm based in Norfolk, Virginia). This strategic acquisition will expand AArete’s technology solutions and capabilities for its clients in healthcare, financial services, and the public sector. The Legerity team brings extensive business and technical knowledge – which includes systems strategy and implementation expertise for Pega (workflow automation), and QNXT and Facets (healthcare payer claims administration). Legerity is a Pega-authorized partner and brings a Pega-certified team to AArete. As part of the deal, AArete will sunset the Legerity brand. And the two organizations will seamlessly integrate their solutions under AArete in the future to enhance their collective capabilities for existing and future client needs. KEY QUOTES: “Welcoming Legerity to the AArete team aligns with our goal to be an end-to-end solution provider that delivers world-class business and technical solutions to clients. The acquisition not only grows AArete’s client base and capabilities; it also deepens relationships with clients that AArete and Legerity already share.” – Loren Trimble, AArete CEO “This strategic move enhances AArete’s core administration systems capabilities for healthcare payers as they relate to systems implementation, migration, and upgrading of QNXT, Facets, HealthRules and other claims platforms. This is a significant expansion of AArete’s digital and technology solutions, and strengthens our digital transformation, automation and AI service offerings across industries.” – Maulik Bhagat, AArete EVP of services and innovation “I’m proud of the company we’ve built and the expertise that Legerity will bring to AArete and its clients. This acquisition enables enhanced value delivery for both companies’ clients, who will now have easy, fully integrated access to the combined suite of service offerings from both AArete and Legerity.” – Jeff Schrecengost, Legerity co-founder

AArete Acquisitions

3 Acquisitions

AArete acquired 3 companies. Their latest acquisition was Legerity on February 07, 2024.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

2/7/2024

$99M

Acquired - II

2

9/23/2020

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$99M

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10

10/2/2019

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$99M

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10

Date

2/7/2024

9/23/2020

10/2/2019

Investment Stage

Companies

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Valuation

$99M

$99M

$99M

Total Funding

Note

Acquired - II

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Sources

2

10

10

AArete Partners & Customers

6 Partners and customers

AArete has 6 strategic partners and customers. AArete recently partnered with Hazelcast on July 7, 2023.

Date

Type

Business Partner

Country

News Snippet

Sources

7/11/2023

Partner

United States

Hazelcast, AArete Join Forces to Optimize Financial Services Firms Customer Experiences

The partnership elevates Hazelcast , Inc. and AArete as trusted solution providers for financial services firms -- from global banks to fintech organizations -- that need to act instantly on streaming data , personalize customer experiences and product offers across channels , and optimize operational efficiency .

3

5/17/2022

Client

United States

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10

1/1/2022

Partner

United States

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0

10/2/2018

Client

United States

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10

6/13/2018

Partner

United Kingdom

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10

Date

7/11/2023

5/17/2022

1/1/2022

10/2/2018

6/13/2018

Type

Partner

Client

Partner

Client

Partner

Business Partner

Country

United States

United States

United States

United States

United Kingdom

News Snippet

Hazelcast, AArete Join Forces to Optimize Financial Services Firms Customer Experiences

The partnership elevates Hazelcast , Inc. and AArete as trusted solution providers for financial services firms -- from global banks to fintech organizations -- that need to act instantly on streaming data , personalize customer experiences and product offers across channels , and optimize operational efficiency .

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Sources

3

10

0

10

10

AArete Team

2 Team Members

AArete has 2 team members, including former Chief Medical Officer, Andrew S. Rosenson.

Name

Work History

Title

Status

Andrew S. Rosenson

Chief Medical Officer

Former

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Name

Andrew S. Rosenson

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Work History

Title

Chief Medical Officer

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Status

Former

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