We’re excited to announce our expansion across Germany and Europe with the acquisition of venITure
Accelerating your digital transformation, The Adaptavist Group welcomes venITure to the family.
It is with real excitement that we announce our acquisition of venITure. The acquisition sees us expand our reach across Europe, especially within the DACH region, opening broader opportunities for us to, together, support more businesses with their transformation goals. I am also proud to say that the acquisition cements our leadership position as the world's largest, most successful Atlassian solutions partner. But it isn't just about us; venITure will benefit from immediate scale and support with added capabilities to see them accelerate their already rapid growth.
Why venITure?
As the fastest-growing Atlassian enterprise solution and work management partner in the DACH region, I knew venITure and The Adaptavist Group were likely friends. A hunch I am pleased to say was correct when I met venITure's leader, Samsoor Hemat, at the key Atlassian event, Team '22, earlier this year. We both share a people-first approach to business, where our customers are at the heart of what we do, transforming businesses with increased growth and long-term value. Together, with our combined expertise and resources, we'll deliver world-class service for all our customers, existing and future.
I've already mentioned the growth across the DACH region, but venITure also sees us expand our reach into Croatia, Bosnia & Herzegovina, Turkey, and the UAE. We'll also get an incredible team of venITure executives and employees that will bring energy, drive, and a desire to win to The Adaptavist Group.
What's next
We will start working together straight away: delivering agile at scale across EMEA, aligning ITSM capabilities, and helping large enterprise customers to realise the company-changing benefits of moving to the cloud. Samsoor Hemat will remain as venITure's leader alongside their management team: Alexander Post, Kristijan Luburic, and Adil Nasri. All will join The Adaptavist Group's leadership team to help ensure continued accelerated growth.
"Adaptavist is the largest Atlassian partner worldwide and venITure is one of the largest in the DACH region. Through the merger, we benefit from the combined expertise which provides value for all customers. Future customers will certainly appreciate the combined expertise of both partners as well as their market presence."
And together, we will be able to better support customers with blended Atlassian technical, engineering and consulting services and help them transform their businesses to fuel growth, increase revenue and create long-term value – along with unrivalled scale and reach.
Associated Press Release
Acquisition marks Adaptavist’s expansion in Germany and Europe, and cements its leadership position as a leading global Atlassian solution partner
LONDON & COLOGNE -- 30 November 2022 – Adaptavist, the leader in digital transformation, has acquired German-based software consultancy venITure. As a fast-growing Atlassian enterprise solution and work management partner in the DACH region, venITure provides a full range of Atlassian solutions including cloud migration, agile at scale, work management and ITSM that help clients accelerate their transformation journey while building a lasting framework to support modern work.
Adaptavist and venITure share a customer-centric, people-first approach to business that focuses on transforming businesses to fuel growth, increase revenue and create long-term value. Both companies have a proven track record of delivering outstanding technical, engineering and consulting services, which includes creating some of the world’s best-selling, top-rated apps in the Atlassian Marketplace like ScriptRunner for Jira by Adaptavist. venITure have also won the Atlassian Partner of the Year Award three times in a row. And both are dedicated to expanding the Atlassian market as key partners, especially in Germany.
“venITure is an important, strategic addition to Adaptavist and our parent company, The Adaptavist Group. They complement our existing service offerings and support our mission to help customers not only transform their businesses but discover unique opportunities and advantages in a climate of constant change,” said Simon Haighton-Williams, CEO of Adaptavist. “Together, we will provide an unmatched level of expertise and scale that will allow us to better support the dynamic German market and organisations of all sizes as a trusted partner.”
Enterprise transformation continues to represent a huge market opportunity for software providers. A recent survey from research giant Gartner, revealed that while many companies see digital transformation as a top business priority, 94% of EMEA organisations still struggle with developing a vision for digital change. Fuelled by the need for improved communication and collaboration, accelerated product development, better ROI, and reduced costs, the global digital transformation market is projected to reach $594 USD billion by the end of this year, according to MarketsandMarkets analysis.
“Joining Adaptavist gives venITure the ability to further our growth and even better serve our customers by taking advantage of greater market opportunities. We will now have access to the full depth and breadth of tools, services and partners in Adaptavist’s portfolio which will support the expansion of our expertise in cloud migration, agile at scale, work management and ITSM. This acquisition is a win for our people and for our customers. We’re looking forward to working with our new Adaptavist family and delivering innovation to businesses that want the best software and digital transformation support in the world,” said Samsoor Hemat, Group CEO at venITure.
“The key to our success at Atlassian has been in the development of a truly world-class ecosystem and the belief that no one company can do it all – and both Adaptavist and venITure are important partners in that mission,” said Cameron Deatsch, Chief Revenue Officer at Atlassian. “We’re excited to see two such successful and influential Atlassian solution providers come together to blend their skills and scale to help more customers experience success moving to the cloud, increasing productivity, managing strategic goals and outcomes, and transforming the way work gets done. Atlassian is on a journey to continue our growth trajectory, develop new opportunities for the industry and our customers, and a path to reach $10B in annual revenue – and its partners like Adaptavist and venITure that will help us get there.”
The companies will begin working together immediately to deliver agile at scale across EMEA, align ITSM capabilities, provide work management solutions and help large enterprise customers realise the company-changing benefits of moving to the cloud. venITure will continue to operate in Germany, Turkey, Croatia, Bosnia & Herzegovina, and the United Arab Emirates under the leadership of Samsoor Hemat, who will also join the Adaptavist management team. The terms of this agreement will not be disclosed. For more information, visit https://veniture.net/en/ and https://adaptavist.com.
ENDS
About Adaptavist
Adaptavist is a global technology and innovative solutions provider, helping organisations boost agility and overcome the challenges of digital transformation. Founded in 2005, its team spans over 750 employees globally, with a 18,000+ customer base representing more than half of the Fortune 500.
Adaptavist supports customers with applications, consultancy, agile implementation, app integration, training, managed services, and licensing solutions – through strong partnerships with Atlassian (a Platinum Atlassian Solutions Partner and a Platinum Marketplace Partner) as well as partnerships with Slack, Monday.com, AWS, GitLab, Aha!, and more. The company has been awarded the Queen's Awards for Enterprise and Deloitte's Technology Fast 50.
Media Contact: adaptavist@wearetfd.com
