ARLINGTON, Va., Nov. 6, 2013 /PRNewswire/ — UMS Advisory, Inc. today announced it has entered into a definitive agreement to acquire the assets of IWMSconnect, a globally recognized provider of advanced workplace technology research, program toolkits, and consultative services. The acquisition of IWMSconnect expands UMS Advisory’s current market intelligence and research capabilities to help blue-chip clients minimize IT program risks, reduce costs, and make more informed workplace technology decisions. Financial terms were not disclosed.

“When it comes to making strategic workplace technology decisions, having access to the right kind of market intelligence to simplify and support the process is imperative. We’re excited to expand our market intelligence and research capabilities within the IT workplace sector with the acquisition of IWMSconnect. The acquisition adds a suite of services in-line with my desire to drive top-line growth for the Firm, while contributing to a balanced service-offering and broader capabilities that we can now offer our customer base,” said George Bouri, UMS Advisory executive managing director.

IWMSconnect maintains a proven record of success, growth and innovation and has achieved global recognition as an ‘analyst of record’ for the workplace technology market. Today, IWMSconnect offers the most advanced workplace technology research platform that will help UMS Advisory client’s stay ahead of the curve, optimize their operations and positively impact their bottom lines.

“UMS Advisory and IWMSconnect maintain a shared commitment to leading the RE/FM market with advanced analysis of prevailing market conditions and trends. This acquisition strengthens the position of UMS Advisory to deliver measurable value to clients seeking to align workplace technology decisions with broader IT and RE/FM initiatives,” said Daniel O’Toole, IWMSconnect founder and managing director.

About UMS Advisory, Inc.

UMS Advisory, a leading global management consulting firm, focuses on driving measurable performance improvements in Real Estate and Facilities Management (RE/FM) for blue chip companies. The firm partners with clients in various industries, such as biopharmaceuticals, consumer packaged goods, manufacturing, financial services and high technology, to develop breakthrough strategic solutions and quantifiable results. Main areas of focus include, strategy, outsourcing approach and implementation, contract assessment, supplier governance, performance benchmarking, operations excellence and market intelligence. For more information, visit www.umsadvisory.com or contact Yvonne Liu, yliu@umsadvisory.com.

SOURCE UMS Advisory, Inc.