PARIS, July 31, 2024 /PRNewswire/ -- Valiantys,
a global leader in IT consulting with Atlassian, announces the
acquisition of Contegix, a prominent innovator in Atlassian
solutions for teams across various industries, including both
private and Federal sectors. This strategic acquisition
enhances Valiantys' presence and leadership in North America, particularly in the US Federal
sector and in Canada, where
Contegix is a leading Atlassian partner.
Contegix has a rich 20-year history in the Atlassian ecosystem
and was a pioneer in implementing the original Atlassian Cloud in
2002. The company has notable expertise in the US Federal
sector under its Ascend Integrated Federal division, bringing a
wealth of capabilities and a highly skilled engineering team to
Valiantys. The firm offers a secure platform addressing US legal
and regulatory compliance requirements, specifically HIPAA,
FedRAMP, and DISA compliance.
The acquisition will strengthen Valiantys' position as the
leading solutions partner of the Atlassian ecosystem, offering
significant growth opportunities in North
America, and doubling the market opportunity for
Valiantys. It also offers the potential for Valiantys to
expand its Federal service offering in other geographies, including
Europe and Asia-Pacific. The acquisition brings several
additional key benefits, including:
- Enhanced capabilities – Customers in North America, especially those with
regulatory and security blockers to transitioning to Cloud, will
benefit from Contegix's secure managed platform. Contegix's
expertise in DevSecOps[1] and handling highly sensitive
information will enhance Valiantys' offerings and complement its
DevOps and full stack application development teams. The
combination of these teams will also help connect customers' IT
infrastructures and operations, helping them to become secure,
digital-first enterprises.
- Value-added service offerings –
Contegix's additional offerings centered around the Federal
sector (including FedRAMP, Government Solutions, and TrustStack)
will be pivotal in addressing the needs of the regulated market.
The strategic impact of this acquisition will enhance Valiantys'
capabilities and improve the customer experience for key segments,
including Federal, healthcare, life sciences, and financial
services. By integrating Contegix's expertise,
Valiantys will offer more differentiated and compliant
solutions, catering to the unique needs of these industries.
- Solidified ecosystem - The acquisition of
Contegix strategically strengthens Valiantys and the
Atlassian ecosystem, positioning Valiantys as a leader in
secure Atlassian solutions and FedRAMP migrations for Federal
clients. Key benefits include an enhanced capacity to provide
critical support, meet compliance requirements, and enable scalable
modernization.
- Strengthened market position – Leveraging
Contegix's leadership in the North American Federal sector and
its longstanding relationship with Atlassian, Valiantys is
poised to reinforce its market leadership and expand its customer
base in North America.
- Innovative solutions – Valiantys has been a leader
in encouraging the adoption of Atlassian Forge, the app development
platform, further empowering Atlassian's Marketplace app vendors.
With the acquisition of Contegix, Valiantys will expand its
ability to help customers solve complex problems using Forge.
Michael McNeil, Chief Executive
Officer of North America at
Valiantys, said: "We are thrilled to welcome Contegix to the
Valiantys family. Their secure managed platform and expertise in
the Federal space perfectly align with our strategic vision. This
acquisition not only strengthens our capabilities but also allows
us to better serve our customers. Together, we believe we can drive
strong value and growth in the North American Market."
Brad Hokamp, Chief
Executive Officer of Contegix, added: "The combination of
Valiantys and Contegix will bring great value to the North American
market, offering the most comprehensive capabilities in both the
Atlassian ecosystem and the DevSecOps industry. I want to thank our
private equity sponsor, Strattam Capital, for their tremendous
support in enabling Contegix's success, and I expect even greater
accomplishments in the next chapter of the business under
Valiantys."
Philippe Crochet, Managing
Partner at Keensight Capital, concluded: "The acquisition of
Contegix marks a significant moment in Valiantys' development,
particularly by opening up the North American regulated market. We
look forward to continuing to support the company through this next
period of growth."
This acquisition will be made possible by the investment and
operational support of:
- Keensight Capital, one of the leading private equity
managers dedicated to pan-European Growth Buyout investments, and
Valiantys' majority shareholder;
- Tercera, a growth equity firm specializing in cloud
professional services.
Closing is subject to customary closing conditions.
About Valiantys
Valiantys is a leading global consulting and services firm
dedicated to Atlassian. The company accelerates business
transformation by digitizing processes and modernizing teamwork,
using the best agile methods and tools. Its Atlassian technical
expertise is unparalleled and Valiantys supports its customers
across the entire spectrum of projects on those platforms. As a
recognized Agile at Scale, ITSM, and Cloud Specialized Partner,
Valiantys help organizations accelerate time to value with Agile at
scale, cloud, and ITSM implementations. Because teamwork requires
more than just tools, the firm bridges the gap between applications
and strategic practices such as SAFe® and ITIL. Over the last 15
years, Valiantys has helped more than 5,000 customers achieve their
desired business outcomes at a reduced time to value, through
improved team collaboration.
www.valiantys.com
About Contegix
Contegix is an Atlassian Platinum Solution Partner, serving the
U.S. public sector and commercial businesses for a variety of
Atlassian needs. As a FedRAMP authorized cloud provider entirely
managed and maintained by U.S. citizens, we provide professional
services ranging from application engineering to process
transformation. With expertise in Jira, Confluence, Bitbucket, and
the rest of the Atlassian toolset, our Atlassian certified experts
help large enterprises and public sector organizations maximize
their investments in these collaborative tools.
About Keensight Capital
Keensight Capital ("Keensight"), one of the leading European
Growth Buyout firms, is committed to supporting entrepreneurs as
they implement their growth strategies. For over 20 years,
Keensight Capital's team of seasoned professionals has leveraged
their knowledge of investment and growth industries to invest for
the long term in profitable companies with high growth potential
and revenues in the range of €10 million to €400 million. Drawing
on its expertise in the Technology and Healthcare sectors,
Keensight identifies the best investment opportunities in
Europe and works closely with
management teams to develop and achieve their strategic vision.
Keensight Capital's success has also earned it a Gold Award from
the Private Equity Exchange & Awards each year for the last
seven consecutive years, and in particular, the Best European
Growth Private Equity Fund.
www.keensight.com
[1] DevSecOps is short for development,
security and operations. It is an application development practice
that automates the integration of security and security practices
at every phase of the software development lifecycle, from initial
design through integration, testing, delivery and deployment.
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