Sunstone Partners Announces the Closing of the Sale of Thirdera, the Largest Independent Global Pure-Play ServiceNow Consultancy, to Cognizant

Thirdera, the largest independent global pure-play ServiceNow consultancy, has been sold to Cognizant by Sunstone Partners, a technology-focused growth equity firm. This acquisition marks a significant milestone for Thirdera and sets the stage for a promising future.

Thirdera was created in 2021 through the merger of three companies: Evergreen Systems, Cerna Solutions, and Novo/Scale. This strategic move allowed Thirdera to consolidate the expertise of these industry leaders and establish itself as a major player in the digital transformation and managed services space. Since its inception, Thirdera has completed three additional acquisitions, solidifying its position as the largest independent pure-play ServiceNow consultancy with a global presence.

Leading the charge at Thirdera is CEO Jason Wojahn, a seasoned industry professional with a wealth of experience. Wojahn was previously the Senior Managing Director, Global ServiceNow Platform Lead at Accenture and President of the ServiceNow Business Unit at Cloud Sherpas. Under his leadership, Thirdera has transformed its go-to-market strategy, enhanced service delivery, and successfully integrated six companies within three years.

The acquisition of Thirdera by Cognizant marks a new chapter in the company's journey. Jason Wojahn expressed his enthusiasm for the future, stating, "This union marks a significant milestone, and our team is brimming with enthusiasm for the opportunities and innovations that lie ahead." The collaboration between Thirdera and Cognizant is expected to unlock new growth opportunities and drive further innovation.

Ankur Rathi, Partner at Sunstone Partners, highlighted the significance of this transaction, stating, "Thirdera's success underscores Sunstone Partners' vision of partnering with management teams to identify, nurture, and build exceptional companies." The partnership with Cognizant is seen as a testament to Thirdera's immense potential and Sunstone Partners' ability to support and catalyze its growth.

Thirdera's achievements have not gone unnoticed in the industry. The company has been recognized as an Elite-level ServiceNow partner, offering customers workflow-enabled services and solutions that maximize the power of the ServiceNow platform. Thirdera's commitment to excellence has earned it the distinction of being named the 2022 ServiceNow Global Emerging Industry Solutions Partner of the Year and a Major Contender in the Everest Group ServiceNow Services PEAK Matrix Assessment 2022.

Throughout the transaction, Sunstone Partners received advisory support from Lazard, Choate Hall & Stewart, and RSM. These partners played a crucial role in ensuring a seamless and successful sale.

Sunstone Partners, the growth-oriented private equity firm behind Thirdera, has consistently demonstrated its commitment to technology-enabled services and software businesses. With over $1.7 billion committed to its three funds, the firm has been recognized as a "Founder-Friendly Investor" by Inc. Magazine for four consecutive years.

For more information about Sunstone Partners, please visit [www.sunstonepartners.com](http://www.sunstonepartners.com). To learn more about Thirdera and its offerings, visit [www.thirdera.com](http://www.thirdera.com).

In conclusion, the sale of Thirdera to Cognizant represents a significant milestone for both companies. Thirdera's position as the largest independent global pure-play ServiceNow consultancy, combined with Cognizant's industry expertise, sets the stage for continued growth and success in the digital transformation landscape. With a focus on innovation and customer-centric solutions, Thirdera is well-positioned to lead the way in enabling businesses to accelerate growth and productivity through transformation, digitization, and automation.