In an effort to expand the firm's international and financial services reach, global management and technology consultancy AArete has announced the acquisition of UK-based boutique technology consultancy Dsquaredi Pvt. Ltd. The acquisition will also bolster AArete's ability to deliver technology innovation to clients around the world, the company says.
"This acquisition strengthens AArete's international position, as well as our ability to serve companies in the financial services industry, where Dsquaredi has carved out something of a niche," said Loren Trimble, CEO and Managing Director of AArete. "As we've seen while working on several projects together, our two companies have very similar approaches to client delivery and great overall synergy. We're very excited to go to market together as a single firm to solve the challenges that our clients around the world face."
Dsquaredi, which was founded in 2015, brings to the table a hands-on, engineering-driven approach to engagements. It also has a number of established strategic partnerships with niche product companies in areas like identity and access management and systems performance engineering, according to AArete.
AArete says Dsquaredi will work hand-in-hand with client service teams around the world, leveraging its niche technology and change management consulting expertise to drive client performance improvement and transformation programs.
As part of the terms of the acquisition, the Dsquaredi name will be folded into the AArete brand. Desquaredi founder John Carey will join AArete as a managing director reporting to AArete Digital and Data Services practice leader Maulik Bhagat, who also heads up the firm's international expansion.
"Dsquaredi's IT and change management expertise will help AArete's client services teams deliver even more effectively in technology domains like security and identity, design, the cloud and performance engineering," Carey said. "AArete shares our passion for working alongside clients to drive meaningful, long-lasting results. We're excited to join forces and help AArete continue on its growth trajectory."
Leaders from both firms have expressed confidence that their clients will be better served through AArete's beefed-up scale, capabilities, and reach. Financial terms of the agreement have not been made public.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.