Sevenval joins the IT Services Competence Platform

The IT Services Competence Platform, a global capital group being assembled by Oaktree Capital Management and Cornerstone Partners, is welcoming a new member: Sevenval Technologies, a leading German frontend expert for digital transformation.

Warsaw, June 17th 2019 – The IT Services Competence Platform is expanding to include Sevenval Technologies, a leading German consultancy for digital transformation with a strong digital user experience and technology background. The acquisition will strengthen the presence on the DACH (Germany, Austria, Switzerland) market of the global IT outsourcing platform being assembled by Oaktree Capital Management and Cornerstone Partners.

The IT Services Competence Platform was launched in June 2017 with the acquisition of IT Kontrakt, a leading outsourcing IT and managed services provider originating from Poland. Sevenval is the third company to join the IT Services Competence Platform, following the acquisition of Solidbrain (Poland) and CoreValue (US, Ukraine, Poland). In addition to dynamic growth of its constituent companies the Platform envisages further acquisitions, focusing on Western Europe & Scandinavia as the next target markets. The goal of the Platform is to become a global provider of end-to-end IT outsourcing services for clients in Western Europe, Scandinavia and the US, through delivery centers located in Central Eastern Europe and Asia.

“Sevenval joining the Platform is transformative for the Group, as we are entering the German market with a strong partner having over 20 years of experience in digital consulting,” said Tomasz Pyrak, Global CEO of the IT Services Competence Platform. “We envisage significant synergies from leveraging Sevenval’s invaluable expertise and access to large multinational accounts with the Platform’s pool of high quality engineers and complementary service offering.”

Sevenval is a uniquely positioned and highly valued frontend expert with deep technology expertise to drive clients’ digital transformation by implementing customer-centric solutions in all layers of the company, from frontend to backend. The company handles digital transformation holistically and serves as a one-stop shop, combining the creativity and innovation of a digital agency with the precision and pragmatism of an experienced technology service provider.

“Joining the Platform is a win-win situation for all of us, as we are becoming part of a group of almost 2,700 high quality engineers and complementary competences. Our joined service offering will focus strongly on simultaneously driving our customers’ digital transformation based on a comprehensive approach and our customers’ individual needs,” said Sevenval CEO and founder Jan Webering.

In the IT Services Competence Platform, Jan Webering will take on the role of Global Chief Marketing Officer. He will be responsible for creating a brand and a marketing communications strategy for the Platform that will cover integration of the companies.

Sevenval’s team of almost 200 employees comprises experienced managers and engineers, highly qualified experts as well as specialists in UX/UI and Development Operations. The acquisition will bring employment in the Group to almost 2,700 highly qualified engineers, and the Platform will gain a new scale in its ability to deliver technological solutions supporting clients’ business.

The IT Services Competence Platform plans to carry out another two or three mergers by the end of 2020, with the goal of growing the organization to 5,000-6,000 engineers and implementation of global projects for clients from the banking & finance, insurance, healthcare & pharma, real estate and automotive industries.

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