Endava, a global technology company with a growing footprint in North America and Western Europe, has announced a merger with Velocity Partners, an innovative software development company with a strong presence in Latin America, the company said.
This strategic move will expand technology services, scalability, geography, and capabilities to current and new clients on a global scale.
The resulting organisation will have over 4,600 people, and the additional six agile software development centres across Argentina, Uruguay, Venezuela, and Colombia will complement Endava´s existing delivery capability from centres across Romania, Moldova, Bulgaria, Serbia, Macedonia, and Colombia.
This will enable Endava, which provides agile, digital, and automation solutions to some of the world´s finance, insurance, telecommunications, media, technology, and retail companies, to further expand its footprint in North America and offer the world-class nearshore delivery model which has fuelled its success over the years. The company has a strong business performance with revenues up 38% year on year, supported by a mix of solid organic growth and acquisition-led international expansion.
Velocity Partners is an innovative global nearshore software development outsourcing company with over 12 years of experience delighting its clients and employees. The company offers high-value, high quality team augmentation solutions to companies of all sizes.
Endava is a privately owned, global technology company, with over 17 years of experience of working with some of the world´s Finance, Insurance, Telecommunications, Media, Technology, and Retail companies. Through their Digital Evolution, Agile Transformation, and Automation solutions, Endava is helping clients be more engaging, responsive and efficient.