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Acquisition

TREMEC Acquires EV Systems Provider, Electric GT, Advancing Offerings in the Turn-Key ICE-to-BEV Electric Vehicle Conversion Market

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TREMEC, a subsidiary of KUO, today announced the acquisition of an innovative provider of plug-and-play EV conversion systems, Electric GT, Inc. The acquisition will enable TREMEC to strengthen its product offerings in the rapidly growing ICE-to-BEV vehicle conversion market. The newly branded company, TREMEC – Electric GT, will be based out of Electric GT’s headquarters in Huntington Beach, CA, and will report directly to TREMEC leadership with access to TREMEC’s global resources.

Globally, an increasing number of builders and independent installers are converting traditional ICE powertrains to electric power in classic to late-model vehicles and specialty commercial applications. Customers are searching for increased performance, while others want an environmentally friendly solution to extend their classic vehicles’ life. The TREMEC – Electric GT system solution provides the customer with all the components necessary for the conversion, including batteries, cabling, drive motors, inverters, gearboxes, and the control systems necessary to install and operate the system safely and effectively.

“TREMEC’s extensive expertise in OEM and aftermarket powertrain technology make it the optimal choice to help Electric GT reach its full potential,” said Alejandro de la Barreda, KUO’s CEO. TREMEC is now bringing complete EV powertrain system solutions to this market, with innovative designs that provide electric power and performance in an attractive appearance. The “eCrate” solutions are designed to provide an alternative to traditional ICE engine swaps. By providing a complete system, TREMEC is now one of the few sources for builders and individuals to turn to for everything needed to complete an electric conversion.

TREMEC is developing solutions for electric drive units (EDUs) for the OEM, specialty vehicles and aftermarket segments. The TREMEC EDUs provide advanced motor and inverter technology combined with TREMEC’s 60 years of experience designing and manufacturing gearboxes. The result is the most power-dense EDUs available in the market, developed to the quality standards of production vehicles and supported by TREMEC’s engineering and manufacturing teams.

By combining the advanced TREMEC electric drive solutions with Electric GT’s complete electric systems, TREMEC – Electric GT be providing the ICE conversion market with high-performance systems equipped with state-of-the-art technology and the robustness of OEM-developed systems, purpose-built for this market and backed by TREMEC’s distribution network, service and support.

About TREMEC

Torque transfer solutions from TREMEC are found in products ranging from supercars and high-performance sports cars to severe duty, commercial and aftermarket vehicles worldwide. The portfolio of products includes manual transmissions, dual-clutch transmissions, EV & HEV drivetrain solutions, gears, shafts, clutches, friction materials, shift systems, synchronizers, mechatronic systems, transmission control units and control software.

For more information or to find a TREMEC distributor, please visit www.tremec.com or call 1-877-4-TREMEC.

About KUO

KUO is a Mexican conglomerate with annual revenue of approximately US$3.2bn as of December 31, 2022, exports to around 70 countries across every continent, and approximately 24,000 employees. Its current business portfolio includes three sectors: Consumer, Chemical and Automotive.

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Acquisition

KaarTech Expands Digital Transformation Footprint with Acquisition of Dunn Solutions Group Inc.

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KaarTech

KaarTech , a global Digital Transformation Consulting company, is excited to announce its latest strategic move in the world of digital transformation. The company has broadened its’ capabilities and geography by successfully acquiring Dunn Solutions Group Inc. , a leading Customer Experience Solutions Consultancy headquartered in Chicago, Illinois.

Founded in 2006, KaarTech has solidified its position as a key player within the SAP ecosystem. With a proven track record of delivering digital transformation success across various sectors, including Discrete Manufacturing, Process Manufacturing, and Consumer Packaged Goods, KaarTech has carved a niche for itself. The company has also developed proprietary intellectual property, KEBS for Professional Services and KTern.AI for SAP Digital Transformation , reinforcing its reputation as a formidable force in the Digital Transformation Arena.

Founded in 1988, Dunn Solutions is headquartered outside of Chicago and has offices both in Minneapolis and Bengaluru. The company has carved its niche as a Digital Commerce and Business Transformation Consultancy. Their core mission revolves around delivering unmatched velocity and transformative solutions to their clients.

This strategic acquisition facilitated by Eiliant Advisors, a Bangalore based Investment Banking Firm, marks a watershed moment for KaarTech as it combines its extensive SAP domain expertise, especially in SAP S/4HANA, with Dunn Solutions’ prowess in Digital Customer Experience.

Speaking about the acquisition, Mr. Maran Nagarajan, CEO of KaarTech, says, “We are excited to join forces with Dunn Solutions to accelerate our vision of redefining Digital Transformation. This partnership brings together the best of both worlds – our SAP expertise and Dunn Solutions’ prowess in Customer Experience – to create a transformative force that will deliver exceptional value to our clients.”

This union not only broadens the horizontal scope of KaarTech’s services but also strengthens its commitment to providing cutting-edge digital solutions that drive business growth and competitiveness. With this partnership, KaarTech solidifies its position as a true leader in the Digital Transformation Arena.

Mr. Bill Dunn, CEO of Dunn Solutions, says “KaarTech has earned a reputation as a key driver of SAP innovation across a number of verticals over the years globally, and we are excited to join them as we look to leverage the assets and experience of Dunn Solutions to continue building on KaarTech’s success in the Digital Transformation Space.”

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Acquisition

Collabera Digital acquires Digiterre to provide 'red thread' of quality from technology problem-solving to scaled delivery and beyond.

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UK-based software and data engineering consultancy Digiterre’s acquisition by Collabera Digital, provides a multilocational software delivery footprint together with client-facing offices in Europe and Asia Pacific for Digiterre.

Collabera Digital, a leading provider of digital engineering services, today announced the acquisition of Digiterre, a multi award-winning software and data engineering consultancy firm. The acquisition of this exceptional team of technology-led transformation specialists will help accelerate Collabera Digital’s plans to position themselves at the forefront of next-generation data-led innovation and AI advancement.

Collabera Digital’s client-first and highly collaborative approach enables organisations to accelerate their digital journeys faster and with greater certainty of outcome than many of their competitors. They continue to make prominent investments in advancing next-generation technologies and AI-enabled solutions, pioneering client transformation amid the upcoming wave of innovation.

Hiten Patel, Chairman of Collabera Group said, “We are excited to welcome Digiterre – an acclaimed software and data engineering company, to the Collabera family. By combining Digiterre’s deep expertise in advanced data driven software engineering along with our global scale in digital engineering, we are well positioned to deliver new age digital transformation solutions leveraging the power of talent and generative technologies. This acquisition, along with our recent addition of Pracedo – a platinum Salesforce consultancy, establishes us as a partner of choice in providing next generation of experiences, actionable insights, and intelligent products & platforms for our clients globally”.

Digiterre helps leading energy and commodities trading and capital markets organisations change and transform their businesses, delivering innovative software and data engineering solutions that address their toughest, often time-constrained, challenges in the highly regulated markets in which they operate.

We are delighted to be joining the Collabera Digital family. By combining our strengths with Collabera Digital’s scale and strong client-facing presence globally, we will be able to deliver a broader range of high-quality solutions across the entire software delivery lifecycle and continue to address our clients’ most demanding business challenges, to help them bring about change, at significant scale, supported by a network of global offices” said Ian Murrin, Founder and CEO of Digiterre. “Digiterre will maintain its autonomy as an independent unit within the Collabera Digital group, leveraging its vast array of services and capabilities for the benefit of our clients. This setup will enable us to remain focused on tackling the complex, high-risk, time-sensitive, and often ill-defined client challenges that we have become known for in the sectors we service.

Andrew Diaper, Executive Vice President & UK Europe Head, Collabera Digital said, “This acquisition marks a pivotal milestone in Collabera Digital’s European expansion plans. With this strategic move, we are poised to support rapid evolution among the industries we serve, elevate client experiences, pioneer new avenues of growth, and cement our leadership in the era of AI-driven transformation“.

About Collabera Digital

Collabera Digital helps tech-forward organisations accelerate their digital journeys. Our digital engineering capabilities in data, analytics, cloud, automation, and cybersecurity, coupled with a strong foundation in talent transformation, help clients innovate faster and with lower risk to thrive in the digital economy.

Established in 2010 and with over 25 offices in 11 countries across APAC & Europe, Collabera Digital serves more than 300 clients, including Fortune 500 companies. With 10,000+ professionals, we are a team of innovators and thinkers who thrive by capturing digital transformation opportunities.

About Digiterre

Established in 2000 by its current owner and CEO, Ian Murrin, Digiterre is a software and data engineering consultancy that enables technological and organisational transformation for many of the world’s leading enterprises – be they commodity or energy traders, banks, or investment managers.

We envisage, design, and deliver software and data engineering solutions that users want, need and love to use. We achieve ‘Agility at Greater Velocity’ because we care about taking ownership for solving the toughest technical challenges and creating outstanding outcomes. Because of this approach, we typically deliver high-risk, high-profile, and time-constrained projects in less time than competitors, often significantly so.

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Acquisition

Nortal acquires Questers, an international distributed software development company from TPXimpact

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  • Nortal will merge Questers with its subsidiary pwrteams
  • Strategic acquisition strengthens pwrteams’ footprint, access to talent and ability to build cross-border IT and engineering teams for the customers
  • Acquisition is the latest component in Nortal’s European expansion plan following UK market entry and appointment of Thomas Hedley as Managing Director a few months ago

Nortal, the multinational strategic change and technology company has today announced its acquisition of Questers, an award-winning distributed software company. As a subsidiary of UK-based TPXimpact Holdings PLC (AIM: TPX), Questers will now merge with Nortal’s daughter company pwrteams to strengthen its footprint in North America and the UK, and bolster its existing business of creating cross-border IT and engineering teams for customers globally.

Questers, founded in 2007 is one of the leading international software development companies that design, build and manage dedicated teams over a diverse set of technologies in various industries. The majority of Questers’ customers are in the UK, but also in the US, Germany, Belgium, Norway and Switzerland.

“The Questers acquisition strengthens our pwrteams business which is focused on building dedicated cross-border teams for our customers. The acquisition will add market presence in the US and UK, and complement our strong double-digit organic growth over the last 5 years. I am glad to welcome the 300+ new colleagues into our team,” commented Priit Alamäe, CEO and founder of Nortal.

Nortal introduced pwrteams and launched the new business model of outsourcing and team augmentation to the company’s portfolio in 2022 following the acquisition of Skelia. pwrteams works with customers in Europe and North America, such as TUI and Thomas Cook Group. The company’s service centers are located in Ukraine, Poland, Serbia, Lithuania, Estonia, Mexico, and following the acquisition of Questers also in Bulgaria.

“Access to great talent underpins pwrteams’ growth plans, and this latest acquisition marks the first step in our expansion journey. Questers’ top-tier tech talent in Bulgaria is a great addition to the capabilities of our existing pwrteams community. Together, we aim to become the international leader in building cross-border dedicated IT and engineering organizations to extend our customers’ businesses with speed, efficiency and scalability,” said Karel Saurwalt, CEO of pwrteams.

“Being part of TPXImpact transformed Questers into a mature, high-performing business that has delivered consistent value to our customers. Joining Nortal’s pwrteams business presents the next opportunity for us in our evolution to respond to the changing needs of the global tech collaboration sector with an even more powerful offering. The natural affinity of our two businesses, and our complementary skill sets will combine to deliver growth across a broader range of industries and territories,” commented Alexander Drangajov, CEO at Questers.

“I would like to thank all our colleagues at Questers for the important work they have contributed to the Group over the past five years, and I am confident Nortal represents an excellent fit for the business going forward,” said Bjorn Conway, Chief Executive Officer at TPXimpact.

The announcement comes as Nortal, a multinational strategic change and technology company made famous by its digital transformation of the Estonian government (‘e-Estonia‘), continues to expand its presence in Europe and North America. Most recently, the company announced the establishment of a delivery center in Guadalajara, Mexico to be closer to customers in North America as well as expanding into the UK with both its public and private sector offerings alongside appointment of Thomas Hedley as Managing Director to expand the company’s global capabilities in the UK.

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