Loop boosts IT services portfolio with Moorecroft acquisition
GEORGIA, UNITED STATES — Loop, an IT consulting and staffing industry provider, has announced its acquisition of Moorecroft Systems, marking a consolidation in the technology services sector.
While terms of the deal were not disclosed, it combines Loop’s extensive staffing solutions with Moorecroft’s 25-year legacy in specialized IT consulting.
Strategic expansion and market impact
Through this acquisition, Loop gains access to Moorecroft’s impressive client portfolio, which includes numerous Fortune 1000 companies, as well as membership in Oracle’s prestigious partnership
“The Moorecroft acquisition represents yet another significant step forward for us,” said Loop CEO Jason Hodge.
“Moorecroft’s legacy of success, long-standing client relationships, and expertise in ERP and HCM consulting make them an ideal fit for our IT Services practice. This transaction expands our capabilities and positions us to offer even more value to our client partners.”
Loop, part of SCI Company, operates across North America. The company has revenue of $14.9 million and a workforce of over 1,000 professionals.
Integration strategy and future outlook
The integration process will prioritize business continuity, with both companies maintaining their existing client contracts and relationships. The combined entity will leverage Loop’s extensive recruiting network and Moorecroft’s technical expertise to deliver enhanced IT consulting services across various sectors.
“It brings me great pride and satisfaction to see Moorecroft transitioning to new leadership that shares our values and our unwavering commitment to client success,” said Moorecroft Systems founder Neville SaundersNeville Saunders.
“Going forward we will maintain our standard of excellence while providing expanded resources and opportunities for both our clients and employees.”
Moorecroft Systems, founded in 1998 in Alpharetta, Georgia, offers specialized expertise in business systems resources and a proven track record of successful partnerships with multinational brands.
The company, with its 200+ consultants and estimated revenue range of $1 million to $10 million, has been particularly strong in ERP and HCM implementations.
The acquisition represents a significant step in Loop’s growth strategy, combining two complementary businesses to create a more robust IT consulting powerhouse.
