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ACUMEN ADVISORS DEMERGES

June Jewell, Acuity Business SolutionsAcumen Advisors, which was formed by a merger of two Deltek resellers, has split into two organizations. The separation creates two new firms that are not quite the same as Jewell & Associates of Vienna, Va., and Innovative Solutions Group, headquartered in Mooresville, N.C., that merged to form Acumen a year ago.

June Jewell, who had been president of Acumen, is running a company called Acuity Business Solutions, while Kevin O'Connor, the CEO of Acumen, is running Full Sail Partners. O'Connor had been owner of ISG. "We just decided to go our different ways," said Jewell. Acuity will continue to carry all Deltek Vision and Premier. Before the merger, it had served the government contracting market. "We have always worked with government contractors," she says. O'Connor founded ISG in January 1995 while Jewell formed her organization in July 1990. Acumen had 30 employees and $9.8 million in revenue, according to its Top 100 VAR submission. Acuity has 14 employees.

 

 

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