Acquisition will significantly enhance YASH’s s presence in Europe and strengthen its focus in the banking vertical
Hyderabad, India and London, UK (May 18, 2017) – YASH Technologies, a leading technology services and outsourcing partner for global companies, today announced the acquisition of ITPM Consulting, a global IT consultancy with operations in Europe, US, and APAC. It has a proven track record in delivering transformative Infrastructure services to Fortune 500 organizations in banking & finance, insurance, and shipping verticals. ITPM’s domain and consulting expertise in these industries, along with YASH’s global reach and breadth of service offerings, will enable the combined entity to be the Partner of Choice to its current and prospective customers.
“Strengthening vertical competencies and geographic presence is critical to fostering the strong growth momentum that we are experiencing. ITPM’s deep domain expertise in banking & insurance, coupled with leadership in delivering managed infrastructure services, is a perfect fit to our tuck-in acquisition business strategy,“ said Manoj Baheti, CEO & Founder, YASH Technologies.
YASH has been experiencing remarkable traction in the US, Europe, and APAC, and with the acquisition of ITPM Consulting, would strengthen its position as a leading IT services partner in these geographies. Additionally, ITPM’s highly talented employee pool, while complementing YASH’s global advisory and consulting teams, will now have the opportunity to expand their horizons, globally.
Bala Navuluri, COO, YASH Technologies said, “ITPM’s domain & services expertise would be a valuable addition to YASH’s differentiated bouquet of transformative IT services, globally. We welcome ITPM’s expert talent pool to the YASH family and look forward to driving innovation and enhanced value to our strategic customers.”
The consulting and business development teams, led by ITPM management, will be transitioning to YASH as part of this acquisition. Operating as a business division of YASH, ITPM Consulting will offer the comprehensive range of application, digital, & infrastructure services, that combines the portfolios across both organizations. ITPM customers would be able to take advantage of YASH’s global presence and capabilities while continuing to engage with their trusted partner.
“We are excited to be part of YASH Technologies. Our customers will benefit from the scale, enhanced service portfolio, and global reach that the combined entity delivers,” said Eddie O’Neill, Managing Director, ITPM Consulting. “Shared vision and values has driven this strategic move for us and we look forward to strengthening our joint business momentum,” he added.
The integration of ITPM Consulting team with YASH Technologies is under process and likely to complete in the next couple of weeks.
About YASH Technologies
YASH Technologies focuses on enabling its customers to succeed and drive IT Business Transformation. As a leading technology service and outsourcing partner for large and fast growing global customers, the company leverages technology and flexible business models to enable innovation and business value throughout its customer’s enterprise. YASH customer centric engagement and managed services delivery framework integrate specialized domain and consulting capabilities with proprietary methodologies and solution offerings to provision application, infrastructure and end-user focused Right-Sourcing services. Headquartered in the U.S, with delivery and sales centers globally, YASH serves its customers across 6 continents. YASH is a SEI CMMI (Level 3) and an ISO 9001:2015 certified organization.
About ITPM Consulting
ITPM Consulting is today one of the world’s foremost IT Consultancies servicing the markets of Banking and Finance, Insurance, Shipping and other globally changing industries. The company was established in 1999, focusing upon the delivery of complex IT change from both an architecture and end delivery basis. Since then, ITPM has grown both internationally and in the range & breadth of services they offer. ITPM’s core focus is across IT infrastructure including people, process and technology, enabling ITPM to mirror the typical lifecycle of technology within our clients, be that helping to define IT strategies, through to design, delivery and managed services.
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Posted on 18 May 2017