Headstrong Acquires Lydian Data Services

Global financial services consulting firm Headstrong has acquired business process outsourcing firm Lydian Data Services, Boca Raton, Fla. The sale price was not disclosed, but all LDS staff will be retained as the objective is to grow the LDS business further. However, within the next three to six months the LDS name will be grandfathered and the business unit will be dubbed Headstrong Business Services. With the acquisition of LDS and its platforms, Headstrong will position itself as a consulting firm that can offer a full suite of services from consulting and implementation to mortgage processing to its global clientele. Further, according to Headstrong, the acquisition of LDS will strengthen Headstrong's U.S. operations, through the addition of processing centers in Atlanta and Boca Raton.