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New York-based IT outsourcing and consulting firm Synechron, with its key delivery centre in Pune, has acquired London-based financial services consulting firm Crossbridge for an undisclosed sum.
The deal augments Synechron’s consulting expertise and consolidates its footprint in the London financial services community and the European market. It also deepens Synechron’s strong financial services expertise and expands its offerings to include business and IT transformation, regulatory services, data and financial crime, the company said in a statement.
“This acquisition is an important milestone for us and it has been our major strategic objective to strengthen our presence in London, since starting out in the US financial services industry in the early 2000s,” said Faisal Husain, co-founder and CEO of Synechron.
This is the third acquisition for Synechron in 2015. Earlier this year it acquired New York-based usable and Paris-based TeamTrade.
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