The financial sector.Incorporated in the United States of America.Fincons Group AG, an international IT business consulting and system integration company incorporated 40 years ago in Italy, with over 2,700 employees, is a fully owned subsidiary of Fincons Group AG. Earlier today, it was announced that it had signed an Asset Purchase Agreement with PDG Consulting LLC, an information technology, business intelligence and digital transformation company specializing in the media and entertainment industry, to acquire 100% of its assets.. With over 100 professionals based in Los Angeles and an offshore office in Mumbai (India), PDG Consulting has over 15 years of experience on the market and a turnover of 13 million dollars. PDG Consulting is based in Los Angeles, and has an offshore office in Mumbai (India).
With over 100 professionals based in Los Angeles and an offshore office in Mumbai (India), PDG Consulting has over 15 years of experience on the market and a turnover of 13 million dollars. PDG Consulting is based in Los Angeles, and has an offshore office in Mumbai (India).
It is planned for the closing date of the transaction to be December 31st 2023, and starting from the 1st of January 2024, all PDG US based employees and customers will be transferred over to Fincons..It is intended that the Mumbai office, with its 40 professionals, will be an integral part of Fincons India Private Limited, a wholly owned subsidiary of Fincons Group AG and a sister company to Fincons US, Inc..The United States, Inc.. As a result of Fincons India, Fincons Group is aiming to further enhance Fincons' offering of IT services in Smart-Shore, adding a strategic option to complement the Bari Delivery Center in order to maintain its competitiveness, as well as its high quality levels to benefit all of the Group's customers.
As a result of Fincons India, Fincons Group is aiming to further enhance Fincons' offering of IT services in Smart-Shore, adding a strategic option to complement the Bari Delivery Center in order to maintain its competitiveness, as well as its high quality levels to benefit all of the Group's customers.
After the closing date on December 31st 2023, the employees and customers of PDG US who are based in the US will be transferred to Fincons starting on January 1st 2024..The New York office will be part of Fincons Group Inc., while the Mumbai office will be part of Fincons India Private Limited, a fully owned subsidiary of Fincons Group AG and a sister company to Fincons Group Inc..The United States, Inc.. As a result of Fincons India, Fincons Group aims to further enhance Fincons' offering of IT services in Smart-Shore by adding a strategic option to complement the Bari Delivery Center, maintaining competitiveness and maintaining the group's commitment to high quality standards for the benefit of all business partners in the Group.
As a result of Fincons India, Fincons Group aims to further enhance Fincons' offering of IT services in Smart-Shore by adding a strategic option to complement the Bari Delivery Center, maintaining competitiveness and maintaining the group's commitment to high quality standards for the benefit of all business partners in the Group.
Continuing its international expansion trajectory with Fincons Group's first strategic acquisition, Fincons Group has quadrupled its turnover since 2013. In addition to the historic offices in Italy and Switzerland, the Group also opened eight new offices in the UK, United States, Germany, France and Belgium between 2013 and today, as well as quadrupling its turnover.
Founder and CEO of Fincons Group, Michele Moretti, says, "We have always grown organically to date, due to our skills, our focus on building strong and lasting relationships with our customers and partners, and our commitment to research and development.. Due to our efforts, we are proud to have achieved key positioning on the international market as a result of our efforts. We believe that now is the right time to go even further forward and consolidate our expansion plans, taking a significant step forward for Fincons, which has become increasingly global, as well as for our customers, to whom we will now be able to deliver even greater quality, passion, and experience in all parts of the world.
We believe that now is the right time to go even further forward and consolidate our expansion plans, taking a significant step forward for Fincons, which has become increasingly global, as well as for our customers, to whom we will now be able to deliver even greater quality, passion, and experience in all parts of the world.
As a result, PDG was selected not only for its strategic position on the US market, but for its strong affinity with Fincons' values, particularly the emphasis they place on people, customers, and sustainability. In addition to this, PDG Consulting's executives will be able to complement the Fincons team in the United States with their skills and experience, enabling Fincons to consolidate the expansion process across a wide range of markets.
"As a result of this acquisition, Fincons' turnover will become even more consistent in the future". It is predicted that Fincons' revenues in the US will exceed 25 million euros by the end of the year. The agreement will strengthen the Group in terms of assets and workforce, enabling it to provide more comprehensive and competitive services to all of our international customers, whose needs will be met by an even more complete team. The company is committed to providing high levels of service and a forward-thinking approach to technological integration, based on the continuous scouting for the best-in-class solutions around the world," states Francesco Moretti, Group Deputy CEO and CEO International.
The agreement will strengthen the Group in terms of assets and workforce, enabling it to provide more comprehensive and competitive services to all of our international customers, whose needs will be met by an even more complete team. The company is committed to providing high levels of service and a forward-thinking approach to technological integration, based on the continuous scouting for the best-in-class solutions around the world," states Francesco Moretti, Group Deputy CEO and CEO International.
The Partner at PDG Consulting, Adam Tarshis, commented: "Fincons has a global footprint, a dedicated team comprised of thousands of engineers and analysts, and a remarkable four-decade legacy in IT consulting that gives PDG a much larger platform from which we can leverage our extensive experience in media operations and video distribution.. Additionally, the new organization significantly broadens the range of core capabilities we will be able to offer to both our existing customers and our new clients in the future.. Our team is enthusiastic about the vision Michele and Francesco have for Fincons and is delighted to be able to contribute to the company's expansion in the United States."
Our team is enthusiastic about the vision Michele and Francesco have for Fincons and is delighted to be able to contribute to the company's expansion in the United States."
Fincons Group - Information about the company
Fincons Group is an international IT business consulting and system integration company that has been supporting companies to seize the opportunities of digital change for more than 40 years by offering cutting-edge technologies and innovative solutions that always anticipate the needs of their customers in the future.. In addition to providing advice in various areas of IT strategy, Fincons offers system integration services for international packages as well as proprietary solutions as well as IT services in Smart-Shore through its Delivery Center to businesses in the Energy & Utilities, Financial Services and Insurance, Media, Manufacturing, Public Administration, Transportation sectors as well as international institutions.. It is now a global company with over 2,700 professionals and offices in Italy, Switzerland, the UK, Germany, France, Belgium and the United States.
It is now a global company with over 2,700 professionals and offices in Italy, Switzerland, the UK, Germany, France, Belgium and the United States.
Please visit our website at www.finconsgroup.com for more information.
Contact informationSilvia NanottiMedia Relations & Press Office ManagerEmail: silvia.nanotti@finconsgroup.com
I am Josephine Ornagojosephine@outspokenpr.com and my phone number is +39 3662250305.
This photo can be found at https://mma.prnewswire.com/media/2291762/Ficons_Group.jpg
Ficons Group is the source of this information
Get PRN's top stories and curated news delivered to your inbox every week when you sign up!

Source prnewswire