American technology firm Youngsoft has acquired a majority stake in ABSYZ Software Consulting. Headquartered in Hyderabad, ABSYZ is a Salesforce platinum partner that specializes in enterprise project and solutions delivery.
This acquisition will help Youngsoft in meeting demand from its customers for project and solutions expertise in Salesforce consulting, architecture, development, and administration. Youngsoft is an information technology company founded in 1996 and headquartered in Wixom, Michigan.
ABSYZ, established in 2011, is headquartered in India, and has supported client engagements in Asia, Europe and North America, with over 130 employees worldwide, holding 159 Salesforce certifications, and having completed over 100 Salesforce projects.
“We listened to our customers and potential clients, and we chose this strategic investment,” says Rupesh Srivastava, Youngsoft President and CEO. “A significant number of our North American clients are looking to expand on the flexibility and efficiency of the Salesforce Platform, and are in need of a trusted solution and implementation partner. We made a collaborative and definitive move to advance our engagement capabilities.”
“We have grown exponentially in the past few years across Asia and Europe. This acquisition by Youngsoft will afford access to customers throughout the U.S.” ABSYZ Director and CTO Balesh Lakshminarayanan stated, “Youngsoft and ABSYZ will now offer expert Salesforce Platform consulting services, in addition to providing solution teams for Digital Experience Platforms, Mobility, AI, VR, and Blockchain. Through this transaction, we now have access to Youngsoft's deep expertise in these areas,” said Anshul Jain, Director and CEO of ABSYZ.
Steve Pickett, Youngsoft's Board Member & former CIO of Penske said, “Many of the greatest technology successes have emanated from joining two strong partners.”
“The Board is pleased to welcome ABSYZ to the Youngsoft family,” said James Haveman, Youngsoft's Board Member & former Michigan Department of Community Health Director. Paul Boyer, Youngsoft's Board Advisor & Vice Chairman Emeritus of Meijer, Inc., stated, “This acquisition adds to Youngsoft's talent, product, and professional strengths both domestically and internationally.”