HACKETT GROUP Business Summary

The Hackett Group, Inc. (HCKT) operates as an intellectual property (IP) platform-based strategic consulting and executive advisory firm, specializing in digital transformation and operational benchmarking. Revenue is generated through a hybrid model of recurring subscription-based advisory fees—comprising approximately 22% of total turnover—and project-based implementation fees across three primary segments: Global Strategy & Business Transformation (S&BT), Oracle Solutions, and SAP Solutions. The firm leverages its proprietary Generative AI platforms, AI XPLR™ and ZBrain™, to deliver data-driven insights and "Digital World Class" performance metrics to a client base that includes 97% of the Dow Jones Industrials. Positioned as a niche leader in the business services sector, The Hackett Group competes directly with Gartner, Information Services Group (ISG), Huron Consulting Group, and Accenture by bridging the gap between high-level strategy and technical ERP implementation. Established in 1997 by Ted A. Fernandez and David N. Dungan, the company was built on the founders' pedigree as former KPMG partners and leaders of Answerthink. The current leadership team is anchored by Fernandez as Chairman and CEO, Dungan as Vice Chairman and COO, and Robert A. Ramirez as Executive Vice President and CFO. This core executive group has maintained continuity for over two decades, recently steering the firm’s pivot toward Gen AI-enabled consulting through the acquisition of LeewayHertz and the January 2026 launch of the AI XPLR 5.0 platform. The company maintains a robust institutional investor profile, with BlackRock, The Vanguard Group, and Ariel Investments holding significant positions, while Paul G. Yovovich continues to serve as a prominent board member and major individual shareholder.