Compass UOL acquires control of digital transformation expert Avenue Code in largest M&A to date – PR Newswire
Fortune 100 clients will now have access to six unique technology companies in a single global digital change platform
NEW YORK , Nov. 9, 2022 /PRNewswire/ — Digital modification company Compass UOL announced today the acquisition associated with Avenue Code, a North American software consulting agency with over 1, 000 technology professionals in the particular U. S., Canada , Europe , and Brazil . It is typically the sixth acquisition in a strategy that brings the skills and competitive advantage regarding specialized digital platforms engineering thought leader companies, and the entrepreneurs behind them, in order to help worldwide customers with their digital alteration projects from ideation to be able to business success in this retail, automotive, insurance, agricultural, petrochemical, and big tech markets.
“Avenue Program code joins forces with Compass UOL to deliver digital change for better solutions in a market that is rapidly evolving with often the advent of new trends such as your metaverse, blockchain, and tech-augmented reality, ” said Alexis Rockenbach , CEO involving Compass UOL. “Together, we are positioned to uplevel the international services industry and we are committed to accelerating the growth and the exact expansion connected with Avenue Code’s business vision and to further invest in their great electronic talent plus leadership, which are the most relevant assets in this deal. inch
Founded within 2008 by Zeo Solomon in San Francisco, California , with a vision with delivering technology management consulting services to help Fortune 100 companies in North America , Method Code opened their offices in Brazilian to reach one of the most promising talent pools in Latin America . In 2010, Amir Razmara joined the particular company to boost its technology delivery services. Years of growth, geo expansions, service diversification, and new verticals continued with new offices in Canada in 2018 and in Europe in 2020. By joining typically the Compass UOL group, Avenue Code team members can now become global executives.
“Compass UOL’s culture and vision is inside complete harmony with our aspiration for the Method Code’s journey, ” said Zeo Solomon , CSO of Opportunity Code. “Furthermore, Compass UOL professes an ambitious worldwide growth plan, which we now are extremely happy to be a part of —the alignment associated with values plus the vision for building the next generation regarding global technologies services were pivotal in closing the deal with Compass UOL. ”
“This acquisition is an important milestone that puts us in a strategic position in this digital transformation market, playing head-to-head along with global competitors. We are genuinely excited in addition to confident about an ever more encouraging future for our business, inch says Gil Torquato , CEO involving Digital Services, holding company that coordinates Compass UOL.
About Compass UOL
Compass UOL is a company that cultivates talent and uses cutting-edge technologies to build digital change solutions, helping clients in order to thrive and even disrupt their industries. With this acquisition, the organization now comprises nearly 6, 000 software engineers worldwide working at Avenue Code, Edgy, Invillia, Everymind, Content Thread, Webjump, and international headquarters. Learn more in https://compass.uol .
SOURCE Compass UOL