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Digital consulting agency 10Pearls has acquired Whiz, a Peru-based software program growth firm, for an undisclosed quantity.
That is expertise M&A deal quantity 944 that ChannelE2E has lined to this point in 2022. See more than 2,000 technology M&A deals involving MSPs, MSSPs & IT service providers listed here.
10Pearls Acquires Whiz
10Pearls, based in 2004, is predicated in Vienna, Virginia. The corporate has 1,638 workers listed on LinkedIn. 10Pearls’ areas of experience embrace cell functions, enterprise and net software growth, consumer expertise and design, cybersecurity, product growth, DevOps, offshoring, outsourcing, synthetic intelligence, IT companies, rising expertise, employees augmentation, steady safety, expertise partnerships, iOS, Android, software program, web site design & growth, software program growth, cybersecurity, IoT, DevSecOps, expertise and course of audits and social media advertising.
Whiz, based in 2017, is predicated in Lima, Peru. The corporate has 61 workers listed on LinkedIn. Whiz’s areas of experience embrace digital platform growth, info programs growth, advertising, digital & e-commerce, SEO, search engine monetization and nearshore.
The acquisition expands 10Pearls nearshore supply capabilities, in line with the corporate.
Whiz was co-founded by Javier Fernandez-Concha and Renzo Saravia. 10Pearls introduced that Javier and Renzo will be a part of 10Pearls together with their crew of 125 contributors, increasing the corporate’s current crew in Peru.
This acquisition follows 10Pearls’ current acquisitions of Latin America-based Pixel506, Proximity and Xtensifi, which additionally expanded 10Pearls’ nearshore capabilities. The corporate now has supply facilities in Costa Rica, Peru, and Colombia. Mixed with supply out of the US, Canada, and Pakistan, 10Pearls headcount is now over 1,500 globally, the corporate stated.
The corporate’s acquisitions haven’t been restricted to Latin America although. In 2020, the company also acquired Salesforce partner Zen Cloud Technologies.
10Pearls Acquires Whiz: Management Perception
Imran Aftab, CEO, 10Pearls
Imran Aftab, CEO, 10Pearls, commented:
“We’re very excited to deliver Whiz, a fast-growing, younger and dynamic firm into the 10Pearls group. With this acquisition, 10Pearls is ready to higher meet the calls for of companies who’re searching for optionality on this difficult financial local weather with capability to leverage nearshore, offshore and stateside sources effectively.”
In a joint assertion, Whiz founders Renzo Saravia and Javier Fernandez-Concha stated:
“Becoming a member of 10Pearls is an thrilling milestone for Whiz because it provides us the worldwide platform to proceed with our fast development and assist enterprises extra broadly with their digital expertise wants. We’re enthusiastic about this growth and sit up for constructing upon 10Pearls’ nice tradition, an essential facet behind our determination to affix them.”
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