Endava and Velocity Partners announce merger in bid to become global IT player

Global technology company Endava and software development organisation Velocity Partners merge to increase global presence

Velocity Partners, a software development company with a strong presence in Latin America, and Endava, a global technology company with offices across North America, Western Europe, Central Europe and Latin America, have announced they have merged in a bid to create a global IT player.

The resulting organisation will have over 4,600 people, and an additional six agile software development centres across South America. This will enable Endava, which provides agile, digital, and automation solutions to some of the world’s leading finance, insurance and retail companies, to further expand its footprint in North America and offer a nearshore delivery model, the company said.

Peter Stroeve, Managing Partner at Velocity Partners, said: “We always aimed to be the nearshore Agile software leader, where talented people achieve their potential and clients gain a partner they trust. By becoming part of the Endava group, our clients will have access to an expanded set of solutions and services.”

John Cotterell, Endava’s CEO, added: “The Velocity team has distributed Agile in their DNA and an innovative approach, which will mean added capabilities to help our clients on their journey from idea to production and enable them to be more engaging, responsive and efficient. We are building a global technology company and we are an aspirational brand for IT professionals in the regions in which we operate.”

Endava has reported a strong business performance with revenues up 38% year on year, supported by a mix of solid organic growth and acquisition-led international expansion.

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