Nordic®, a global health and technology management consulting firm, has announced the divestiture of its federal line of business conducted through S&P Consultants, to its original founder, Andy Splitz. This strategic decision allows Nordic to further refine its focus on delivering exceptional Oracle Health (formerly Cerner) solutions to the commercial market, maintaining a robust commitment to helping clients evaluate their strategy, improve their performance, and execute improvement plans.
Nordic acquired S&P Consultants in 2021 to expand its Oracle services capabilities and since then has integrated its operations into Nordic. The S&P Consultants brand was restructured to focus on federal government work. Nordic has continued to grow its Oracle Health offering in the commercial space and integrated the InTegrity™ methodology, a unique adaptive framework that facilitates successful deployment. The divestiture of S&P Consultants, focused on the federal government space, enables Nordic to concentrate on expanding its commercial Oracle Health practice, which has continued to grow, and providing exceptional value to healthcare organizations around the globe.
Paul Slaughter, Nordic chief operating officer, said, “We’re excited for Andy Splitz to own and lead the S&P federal business, and we wish his team continued success. At the same time, Nordic’s commitment to our Oracle Health clients has never been stronger. By retaining Oracle consulting talent and the InTegrity™ methodology, we are in a strong position to build for the future. Our focus remains on helping healthcare organizations leverage their Oracle Health investments to improve patient outcomes, reduce costs, and navigate the complexities of today’s healthcare landscape.”
Splitz and S&P Consultants are positioned to serve as a key resource to prime IT contractors for federal projects across a wide spectrum of applications and services.
“We are looking forward to bringing our expertise and methodologies into federal contracts where seasoned senior-level resources can have an immediate and strategic impact,” Splitz said. “We will always value and honor our heritage alongside the partnership with Nordic which includes many great relationships built over the past three years.”
Nordic will continue to deliver its full range of Oracle Health services, including strategic advisory, implementation and optimization, staffing, and managed services, leveraging the strength of its experienced team of IT experts and clinicians. The divestiture reinforces Nordic’s ongoing strategy of aligning its services with the areas of greatest impact and opportunity, while continuing to deliver transformational results for healthcare organizations.
Fairmount Partners, who advised S&P Consultants on its sale to Nordic Consulting in 2021, served as the exclusive merger and acquisition advisor to Andy Splitz on this transaction.
About Nordic Consulting
Nordic is an award-winning global health and technology consulting company that partners with health leaders around the world to create healthier systems, businesses, and people. Together, its global team of professionals brings decades of experience across key focus areas of strategic advisory, digital and cloud initiatives, implementation and support, and enterprise technology transformation. Nordic and its network of companies supports clients in their efforts to harness the power of technology on a global scale. For more information, please visit www.nordicglobal.com.
About S&P Consultants
S&P Consultants is a small business (VOSB pending) with the ability to rapidly scale in support of government ERP and EHR modernization initiatives. S&P offers the flexibility and agility of a small business paired with the talent and technology of a large company. It works with U.S. Federal and State agencies, federal contractors, and foreign entities around the globe to deliver on their complex information technology and other strategic needs. S&P is built on a fundamental belief that doing the right thing is never the wrong thing, and it strives to exercise integrity in all facets of its operations and delivery. For more information, please visit www.spfed.com.
About Fairmount Partners
Fairmount Partners is an independent merger and acquisition advisory firm focused on supporting middle-market companies complete mergers and acquisitions, raise funds for growth, acquisitions, and liquidity, and design and improve their corporate development strategies. Fairmount’s clients include successful entrepreneurs, private equity-sponsored enterprises, and global public companies. Since 2003, Fairmount has completed more than 300 transactions representing over $17 billion in aggregate value across 24 countries throughout North and South America, Europe, Asia, and Australia. For more information, please visit www.fairmountpartners.com.
