Avenga

Avenga
Company type	Public
Industry	Information technology; Software development;
Founded	2019
Headquarters	Prague, Czech Republic
Number of locations	16 countries
Area served	Worldwide
Key people	Ludovic Gaudé (CEO); Mark Fisher (CCO); Tanja Duvander (CPO); Slawomir Kupczyk (COO); Ondřej Matuštík (CFO); Jakub Caloun (SVP Strategy and transformation); Dejan Petreski (SVP Information Technology and Cyber Security);
Services	Technology consulting; Solution engineering; AI development; Cloudification; Managed services;
Owner	Cornerstone Partners; (2019-24); Oaktree Capital Management; (2019–24); KKCG; (2024–present);
Number of employees	6000+
Website	avenga.com

Avenga (/ɑˈvengɑ/) is a consultancy and technology solutions company based in Prague, Czech Republic. The company provides outsourcing services, enterprise solutions, product development, and software development.

History

Avenga was formed in 2019, however its formation resulted from a series of mergers and acquisitions beginning in 2017.

In 2017, private equity groups Oaktree Capital Management and Cornerstone Partners acquired Polish outsourcing firm IT Kontrakt. This initial merger was followed by further consolidations in 2018, when IT Kontrakt combined with another Polish technology company, Solidbrain.^[1]

Avenga took shape in 2019, when Ukrainian-American Corevalue and Germany's Sevenval joined the group.^[2]^[3] The four firms came together to create the company.

In 2021, Avenga acquired a Ukrainian software development firm, Perfectial. Through the acquisition of IncluIT in 2022, Avenga expanded its delivery capabilities to the Americas.^[4]

On February 28, 2024, KKCG completed the acquisition of Avenga.^[5]

References

^ "CDZ doradcą IT Kontrakt przy inwestycji na rynku outsourcingu IT". Rzeczpospolita (in Polish). Retrieved 2023-09-01.
^ "CoreValue Joins IT Services Competence Platform – Lviv IT Cluster". 2019-02-27. Retrieved 2023-09-01.
^ "Übernahme durch Oaktree abgeschlossen". www.it-zoom.de (in German). 2019-06-19. Retrieved 2023-09-01.
^ "Навіщо одна з найбільших в Україні IT-компаній Avenga купила аргентинського аутсорсера IncluIT. Бліц-інтерв'ю CEO Юрія Адамчука — Forbes.ua". forbes.ua (in Ukrainian). 2022-11-18. Retrieved 2023-09-01.
^ "KKCG Completes Acquisition of Avenga from Oaktree and Cornerstone". KKCG. Retrieved 2024-02-29.

[1] "CDZ doradcą IT Kontrakt przy inwestycji na rynku outsourcingu IT". Rzeczpospolita (in Polish). Retrieved 2023-09-01.

[2] "CoreValue Joins IT Services Competence Platform – Lviv IT Cluster". 2019-02-27. Retrieved 2023-09-01.

[3] "Übernahme durch Oaktree abgeschlossen". www.it-zoom.de (in German). 2019-06-19. Retrieved 2023-09-01.

[:1-4] "Навіщо одна з найбільших в Україні IT-компаній Avenga купила аргентинського аутсорсера IncluIT. Бліц-інтерв'ю CEO Юрія Адамчука — Forbes.ua". forbes.ua (in Ukrainian). 2022-11-18. Retrieved 2023-09-01.

[5] "KKCG Completes Acquisition of Avenga from Oaktree and Cornerstone". KKCG. Retrieved 2024-02-29.

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