Omni in February entered receivership proceedings, and on March 14 the sale of certain assets of the company was approved in Milwaukee County Court. On March 15, Saggezza beat out several other bidders to acquire most of Omni’s assets for an undisclosed price, said Arvind Kapur, chief executive officer of Saggezza.
Most of Omni’s 35 employees have been retained, and about 90 percent of its assets, Kapur said. The Milwaukee office will remain open as Omni Resources, a Saggezza company.
Saggezza is a global management consulting and technology services provider. With the acquisition of Omni Resources, it has expanded its reach in the Midwest. Saggezza now has offices in Chicago; Milwaukee; Santa Clara, California; Bangalore and Chennai, India; and London and Sunderland, UK.
“In the broader Wisconsin market, we have over the past year, started developing a presence in Detroit and the Midwest,” Kapur said. “The Midwest has a whole slew of midmarket companies hungry for that kind of advice … to help transform their business.” Read the full story here.