Deal Announcement

Technology Holdings advises design & innovation consultancy Continuum on its strategic sale to EPAM

Technology Holdings is pleased to announce the strategic sale of our client, Boston-based Continuum Innovation, to EPAM Systems. Continuum is a leading global design and innovation consultancy that helps Fortune 500 companies envision, build and launch new products & services. With a legacy that includes the design of billion dollar products such as the Swiffer for Proctor & Gamble and the Reebok Pump shoe, Continuum also works with companies such as Southwest Airlines, Boston Scientific and Northwestern Mutual to ideate new services that deliver real market value.

Gianfranco Zaccai, Founder of Continuum, commented, “We don’t just practice innovation for innovations sake, but with an acute focus to ‘Make It Real’ by building useful and valuable products and services for our customers.”

Chief Operating Officer Carmencita Bua added, “We recognized that the competitive landscape was quickly changing and many of our clients were asking us to support the full implementation of the products & services that we had created and prototyped for them. We looked for an advisory firm that could help us navigate a crowded landscape that included digital agencies, IT & engineering services companies and management consultancies. We chose Technology Holdings because they could deliver potential partners with a global perspective who understood our culture and our people.”

Terrence Kavanaugh, Managing Director of Technology Holdings, commented, “Continuum just finished its best year ever and is poised for significant growth with the complementary strengths in engineering and software development that EPAM brings to the equation. The market is changing at such a rapid pace that enterprise clients are looking for service providers who can provide end-to-end solutions, from strategy and design to digital implementation, agile development and meaningful analytics. Continuum can now leverage EPAM’s world-class software & product engineering capabilities to fully deliver on their vision to ‘Make It Real’."

“From our very first meeting, Technology Holdings recognized our unique position at the intersection of design, technology & engineering. Their M&A expertise in each of these disciplines proved to be an advantage when it came to effectively communicating our value proposition to relevant strategic partners. We are extremely happy that the TH team helped us identify and select EPAM to amplify our core business.”

Gianfranco Zaccai,
Founder & President, Continuum Innovation

"The Technology Holdings team was with us every step of the way. They supported us across multiple geographies and advised us through the entire due diligence process. Technology Holdings helped us select the right partner to build upon our legacy and EPAM was a perfect fit."

Carmencita Bua,
COO, Continuum Innovation

For more information please contact
Vivek Subramanyam
Founder & CEO
+44 77 78863790
Terrence Kavanaugh
Managing Director
+1 (415) 706 2292

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