MIAMI, Jan. 14, 2022 – CEO Coaching International, the leading firm for coaching growth-focused CEOs and entrepreneurs globally, is pleased to congratulate its client, digital transformation leader B3 Group, Inc. (B3), on its sale to Octo, the premier pure-play IT modernization provider for the Federal government. Virginia-based B3 was founded in 2008 and provides enterprise-level application modernization leveraging low-code/no-code software and platforms such as Salesforce, Microsoft Power Platform, Pega, and ServiceNow; large-scale data governance, integration, and analytics; and cloud engineering and operations to federal healthcare customers.
According to the press release announcing the acquisition, B3 has 13 years of experience partnering with the U.S. Department of Veterans Affairs (VA) to improve patient experience and health outcomes for veterans. The acquisition expands Octo’s current federal health footprint from the U.S. Department of Health and Human Services (HHS) and the Defense Health Agency (DHA) to include the VA, and bolsters Octo’s position as a major IT modernization services provider to these major federal health customers. The addition of B3’s marquee programs, including the $686 million Digital Transformation Center (DTC) contract, expands the technical modernization expertise Octo provides at scale to its existing federal civilian, homeland security, defense, and intelligence customers.
“It has been a privilege to work closely with B3 Group over the past 2 years, and to witness how CEO Dwight Hunt and co-founder Brad Palmer’s’ tenacity, drive, and focus on innovation has led them to this incredible milestone,” said Rafe Wilkinson, a Partner and Coach at CEO Coaching International. “I’m extremely proud of the B3 team and look forward to helping them continue on this path of growth and success.”
B3 CEO Dwight Hunt said: “Our coach, Rafe Wilkinson, was instrumental in helping us align our business goals to growth outcomes. His expertise in healthcare, technology, and contracts was also invaluable in guiding us through this acquisition process.”
The press release stated that B3’s leadership will remain with the company and expand Octo’s Health business to drive continued growth and customer success.
For more information about B3 Group, Inc., visit https://b3groupinc.com. For more information about CEO Coaching International or to connect with a coach, visit https://ceocoachinginternational.com.
About CEO Coaching International
CEO Coaching International works with CEOs and their leadership teams to achieve extraordinary results quarter after quarter, year after year. Known globally for its success in coaching growth-focused entrepreneurs to meaningful exits, the firm has coached more than 3,500 CEOs and senior leaders across 160+ industries and 94 countries. Its coaches—former CEOs, presidents, and executives—have led businesses ranging from startups to over $10 billion, driving double-digit sales and profit growth, many culminating in eight, nine, or ten-figure exits.
Companies that have worked with CEO Coaching International for two years or more have achieved an average revenue CAGR of 22.8%, nearly 2X the U.S. average, and an average EBITDA CAGR of 37.5%, nearly 3X the national benchmark.
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