Mergers and Acquisitions
In November 1999 Exult acquired Gunn Partners Inc., which retained its brand identity and continued to operate as Exult's consulting division. In February 2002 Answerthink, Inc. purchased the Exult Process Intelligence Center (EPIC), which was founded by Gunn Partners. EPIC then became Hackett Collaborative Learning. In 2004, Exult sold Gunn Partners to Deloitte Consulting.
In June 2003 Exult purchased the international business process outsourcing (BPO) operations of PricewaterhouseCoopers (PwC) for US$17 million, cash. The acquisition added 500 new employees, ownership of PwC's e-procurement tool, and six of PwC's contracts which included Standard Chartered Bank, Equifax in the U.K., Safeway in the U.K., Tibbet & Britten, and Grupo Algar and an airline.
In 2004, Exult announced the acquisition of ReloAction a Pleasanton, California based firm specializing in the relocation of workers for large firms.
Later in 2004, Exult itself was acquired by Hewitt Associates of Lincolnshire, Illinois in an all stock transaction valued at US$795 million. In 2010 Aon announced the acquisition of Hewitt.
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