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Disys acquires Signature Consultants; merging two of the largest IT staffing firms

April 07, 2021

Digital Intelligence Systems LLC is acquiring Signature Consultants LLC in a deal announced today. Disys ranks as the 16th-largest US IT staffing provider while Signature ranks as the 15th-largest. The combined company will have annual revenue of $860 million with plans calling for both businesses to maintain their respective brands.

Disys’ current CEO, Mahfuz Ahmed, will serve as CEO of the combined company. Jay Cohen, founder and CEO of Signature, will remain with the organization and continue overseeing the day-to-day operations of Signature. Senior leadership teams of both organizations will remain in place.

“For Disys, combining forces with Signature is a great strategic fit for both of our organizations; this brings expanded opportunities as we continue to diversify our account portfolio and puts us within striking distance of becoming a $1 billion firm,” Ahmed said.

Disys was founded in 1994 and is headquartered in McLean, Virginia. It’s an NMSDC-certified minority-owned supplier with 33 offices and four delivery centers worldwide. It has almost 5,000 internal and external employees.

Signature Consultants, based in Fort Lauderdale, Florida, ranked on this year’s list of Best Staffing Firms to Work For. It was founded in 1997 and has 29 locations throughout North America. Founder and CEO Jay Cohen is a medical doctor and practiced medicine prior to starting Signature.

“Disys’ strong operations, successful brand, core values, and exceptional industry practices make them an excellent strategic partner for us,” Cohen said. “The combination of our two organizations creates a powerful force in the industry, expanding our clients’ access to an even greater array of IT and professional talent and specialized services and providing enhanced opportunities for our consultants and employees to further their skill development and careers.”

The transaction will be funded through debt financing provided by Wells Fargo Bank and The Carlyle Group.