PARIS, July 31,
2024 /CNW/ -- 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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SOURCE Valiantys