Deal Announcement

TECHNOLOGY HOLDINGS ANNOUNCES THE SALE OF LEADING SERVICENOW ELITE PARTNER GUIDEVISION TO INFOSYS

Founded in 2014 by Norbert Nagy and Pavel Müller, GuideVision is headquartered in Prague with offices in Germany, Finland, Poland and Hungary. GuideVision, one of the largest ServiceNow Elite Partners in Europe, is an award winning enterprise service management consultancy that specializes in offering strategic advisory, consulting, implementation, training and support of the ServiceNow platform. GuideVision’s end-to-end offering includes SnowMirror - a proprietary smart data replication tool for ServiceNow instances, and enables over 100 enterprise clients to simplify complex business and IT processes.

The addition of over 200 professionals from GuideVision marks a key milestone for Infosys’ journey in the growing ServiceNow ecosystem in Europe. This will strengthen Infosys’ Cobalt portfolio that has a range of ServiceNow industry cloud solutions, which will be complemented by GuideVision’s SnowMirror suite of industry templates.

Ravi Kumar, President, Infosys, said, “This acquisition is an important milestone in our journey to build capabilities relevant to the digital priorities of our clients. This move reaffirms our commitment to the growing ServiceNow ecosystem. The combination of scalable and agile nearshore capabilities of GuideVision in Europe, and their unmatched delivery excellence, complements our own effort to help global enterprises navigate their next. We are excited to welcome GuideVision and its leadership team into the Infosys family.”

Norbert Nagy, Co-Founder, GuideVision, said, “GuideVision's exceptionally high customer ratings are the result of our continuous effort to deliver superior consulting and implementation services. Joining Infosys brings an extended portfolio of services we can offer to our customers on their digital transformation journey. The global Infosys footprint is an exciting opportunity for both GuideVision customers and employees.”

Pavel Müller, Co-Founder, GuideVision added, “We are happy to become a part of the Infosys family and we strongly believe that the shared underlying values are a great foundation for our common goals in the future. Our combined expertise will further drive our customers’ digital transformation in the European market.”

Vivek Subramanyam, Founder and CEO of Technology Holdings said, “GuideVision and Infosys joining hands highlights the growing demand from enterprises for full service digital transformation offerings globally and in Europe. By combining GuideVision’s end-to-end ServiceNow expertise with the capabilities, scale and global footprint of Infosys, the GuideVision team will be ideally positioned to expand their ServiceNow trajectory across Europe. Closing this transaction and securing the best possible outcome for our client even during these Covid impacted market conditions is a testament to our strong expertise and deep global buyer relationships in all segments of digital transformation and technology services. This is our third ServiceNow transaction and fourteenth Digital Transformation transaction, making us the preferred M&A advisor for Digital Transformation companies of every kind and ServiceNow partners”

"Technology Holdings was brilliant through the entire strategic sale process and guided us every step of the way to ensure that we achieved the best possible outcome for the next phase of our journey. With a thoroughly professional and systematic approach, they secured 9 offers for us from strategic buyers globally. Their deep expertise in Digital Transformation and in the ServiceNow ecosystem, commitment to delivering at every stage and seamless management of the entire process enabled us to continue to focus on the business while engaged in the process. I'd like to thank the Technology Holdings team for their diligent and exceptional work from preparing outstanding material to leading several rounds of negotiations and supporting us on a daily basis during the due diligence process. Technology Holdings found us the perfect partner in Infosys, giving us the opportunity to spearhead their ServiceNow business across Europe, which is what we always envisioned for ourselves. We are glad to have chosen Technology Holdings as our advisor who was nimble enough to ensure a successful transaction closing in the middle of a pandemic and a global lockdown. We can’t imagine having done this without them and would certainly recommend them to any business considering a sale."

Norbert Nagy,
CEO and Founder, GuideVision

Pavel Müller,
Founder, GuideVision


For more information please contact
Vivek Subramanyam
Founder & CEO
vivek@technology-holdings.com
+44 7778 863 790 
Geeta Ramanathan
Managing Director
geeta@technology-holdings.com
+44 20 74603770
 

 

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