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The Hackett Group Secures $25 Million Increase in Borrowing Capacity

PRIVATEAug 03, 20267 days ago

Amount Raised

$25 Million

Round Type

Debt Financing

MiamiArtificial IntelligenceMachine LearningNatural Language Processing

Investors

Bank Of America, N.A.

Description

On August 3, 2026, The Hackett Group, Inc. entered into a Fourth Amended and Restated Credit Agreement with Bank of America, N.A. This agreement extends the maturity date of the revolving credit facility and provides the company with an additional $25 million in borrowing capacity, raising the total capacity to $125 million.

Company Information

Company

The Hackett Group

Location

Miami, Florida, United States

About

The Hackett Group, Inc. is a leading Gen AI strategic consultancy and executive advisory firm. It is listed on NASDAQ under the symbol HCKT. The company is focused on becoming a leading architect of its clients’ Gen AI journey and providing comprehensive end-to-end capabilities for ideation through implementation of AI initiatives.

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