Business news from Ukraine

AVENGA BUYS UKRAINIAN IT COMPANY PERFECTIAL

27 November , 2021  

The international IT holding Avenga Group has announced the purchase of the Ukrainian outsourcing IT company Perfectial.”According to a report on Avenga’s website, the Ukrainian Perfectial has a team of 500 engineers and UX specialists, which, as part of a long-term strategy, will help Avenga establish itself as one of the leading market players. The cost of the deal has not been disclosed.”Within the last year, Avenga’s global revenue has increased constantly and significantly. At the same time, our team has grown from 2,500 to almost 3,000 professionals. However, our strong organic growth needs to accelerate to meet ever-growing customer demands and to implement projects as quickly as possible. Therefore, after an extensive evaluation of the market, we decided to join forces with Perfectial. Their engineering culture and work attitude, especially their unwavering focus on customer satisfaction and digital excellence, make them a perfect match for Avenga Group,” Jan Webering, the CEO of Avenga, said.Avenga is backed by funds managed by Oaktree Capital Management L.P. and Cornerstone Investment Management for further expansion.Avenga is an international group of technology partner companies providing complex digital transformation services, including implementation, integration and development of technologies, as well as strategy and consulting, in particular in medical, financial, insurance and automotive markets, in particular in Germany, Malaysia, Poland, the United States. The company’s offices are located in Ukraine (Kyiv, Lviv, Kharkiv, Vinnytsia, Ivano-Frankivsk, Lutsk, Poltava, Khmelnytsky and Cherkasy).Perfectial is a Ukrainian IT company founded in 2010. It deals with solutions in financial, marketing, telecommunications and real estate sectors. The company’s offices are open in Lviv, Ivano-Frankivsk and Kyiv.

, ,