GlideFast Consulting LLC
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
GlideFast Consulting LLC - overview
Established
2015
Location
Woburn, MA, US
Primary Industry
Business Support Services
About
GlideFast Consulting LLC is a premier ServiceNow partner that specializes in enhancing digital workflows with a comprehensive suite of solutions tailored for various industries. Founded in 2015 in Woburn, US, GlideFast Consulting LLC specializes in providing solutions on the ServiceNow platform. The company has received significant attention with a total funding amount of USD 350. 00 mn from ASGN Incorporated through a TRADE SALE completed on June 1, 2022.
Michael Lombardo serves as the CEO and is one of the co-founders alongside Lloyd Godson. GlideFast Consulting is a premier ServiceNow partner that delivers a comprehensive suite of solutions designed to enhance digital workflows across various industries. Their primary offerings include advisory services, application development, change enablement, cloud hosting, design services, implementations, integrations, managed support services, remote services, and training solutions. These services help organizations transition from outdated manual processes to intelligent, cloud-based operations on the ServiceNow platform.
GlideFast serves a diverse client base, including over 650 organizations, many of which are Fortune 500 companies, across sectors such as healthcare, financial services, education, and government. The company operates in North America, Europe, and Asia-Pacific, providing tailored solutions that address unique business challenges and improve operational efficiencies. GlideFast Consulting generates revenue primarily through a B2B model, offering services to businesses that incorporate the ServiceNow platform into their operations. The company engages in contractual agreements with clients, providing customized solutions that enhance productivity and streamline workflows.
Revenue is accrued through project-based engagements, managed services, and subscription models for ongoing support and training. The pricing structure typically involves fees associated with specific services rendered, including implementation projects and ongoing managed support services. GlideFast’s consultative approach ensures that clients receive tailored solutions that align with their digital transformation goals, thereby fostering long-term partnerships that contribute to the company's financial stability. In June 2022, ASGN Incorporated agreed to acquire GlideFast Consulting LLC for USD 350 mn in cash, with the transaction expected to close in early July 2022.
This acquisition will support GlideFast's strategy to expand its services and enhance its market position. The company is focusing on developing new products and enhancing existing solutions to better serve its clients. Plans for geographic expansion aim to penetrate further into the Asia-Pacific region by the end of 2023, leveraging the recent funding to bolster its service offerings and establish a stronger foothold in these markets.
Primary Industry
Business Support Services
Sub Industries
Consulting Services
Website
www.glidefast.com
Company Stage
Acquired
Total Amount Raised
Subscriber access only
GlideFast Consulting LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Trade Sale | Completed | GlideFast Consulting LLC | - | ||||||||
| Add-on | Completed | CloudPires LLC | - | ||||||||
| Growth | Completed | GlideFast Consulting LLC | - |
Displaying 1 - 3 of 3

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.