Premier Logic Acquired By ALTEN Calsoft Labs
7 Mile Advisors Acted As Advisor To Premier Logic In Their Sale To ALTEN Calsoft Labs
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ALTEN Calsoft Labs, an ALTEN Group Company – a leader in engineering and technology consulting – announced that it has acquired Premier Logic, a global provider of digital transformation and technology solutions. This strategic acquisition combines ALTEN Calsoft Labs’ scale and technology diversity with the digital innovation and nimble execution of Premier Logic to focus on leveraging technology to accelerate the transformation of clients’ business.
Premier Logic is the go-to digital transformation company for enterprises that need to fast track their new product ideas. The company has an impressive track record of helping enterprises quickly envision, prototype and launch digital solutions with the end user in mind to accomplish the desired business outcome.
With this acquisition, ALTEN Calsoft Labs has also created a separate “Digital” division that will exclusively focus on cost effective and lean digital transformation solutions for enterprises and product companies.
“Inorganic growth is a part of our strategy and this acquisition strengthens our digital story in US markets. The team at Premier Logic is passionate about helping clients impartially assess the true business problem and need, in order to deploy the right solution for each project,” said Gerald Attia, Deputy CEO of ALTEN Group.
“We are proud to welcome the Premier Logic team to the ALTEN Calsoft Labs family,” added Ramandeep Singh, CEO of ALTEN Calsoft Labs. “I’ve had the opportunity to see firsthand the innovative thinking they apply to solving business problems and am excited by what we can accomplish together for our customers. They are experts in aligning business objectives with digital innovation and technology execution to achieve transformation. They will fuel our growth in digital transformation by helping companies quickly envision, prototype and launch digital solutions.”
“Being part of this international firm known for pioneering advancements in engineering across technologies and industries is an exciting opportunity for us to help even more businesses grow through innovative technology execution,” explained Chad Osgood, CEO of Premier Logic.
He added, “Businesses need to redefine how they approach identifying and solving business problems with technology. They require quick wins, innovative ideas and great execution. With access to even more emerging technologies through ALTEN Calsoft Labs, we can help our customers go deeper into the lifecycle of innovation to execute across a broad transformation roadmap with increasing scale.”
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provide market assessments and benchmarking. As a close knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com
About ALTEN Calsoft Labs
ALTEN Calsoft Labs is a next gen digital transformation, enterprise IT and product engineering services provider. The company enables clients innovate, integrate, and transform their business by leveraging disruptive technologies like mobility, big data, analytics, cloud, IoT and software-defined networking (SDN/NFV). ALTEN Calsoft Labs provides concept to market offerings for industry verticals like education, healthcare, networking & telecom, hi- tech, ISV and retail. Headquartered in Bangalore, India, the company has offices in US, Europe and Singapore. ALTEN Calsoft Labs is a part of ALTEN group, a leader in technology consulting and engineering services. To know more about ALTEN Calsoft Labs, visit www.altencalsoftlabs.com.