Posted on
17 | 08 | 2020

Comtrade sold its Digital Services business to Endava

Comtrade Group announced today it has sold its Digital Services business division (“CDS“) to Endava, a leading next-generation technology services provider. Endava helps its clients become digital, experience-driven businesses by assisting them in their journey from idea generation to development and deployment of products, platforms and solutions. It services clients in the following industries: Payments and Financial Services, TMT, Consumer Products, Retail, Logistics and Healthcare.

This “joining forces” of Endava and CDS will have beneficial effects on both Comtrade, that will further develop and apply tomorrow’s technology today through its System Integration unit, Boston based HYCU business and Manila based Gaming business unit, as well through new vibrant businesses. Endava will reinforces its presence in South Eastern Europe with more teams who reimagine the relationship between people and technology, aligned with its strategy of being the “Employer of Choice” for the best engineers in each of Endava’s delivery locations.

As of March 31, 2020 Endava had 6,468 employees located in offices in North America and Western Europe, and delivery centres in Romania, Moldova, Bulgaria, Serbia, North Macedonia, Argentina, Uruguay, Venezuela and Colombia.

“CDS is a great team and we are sad to see them leave the Comtrade Group, but we can see that the cultural and business fit with Endava is strong and the future looks bright for the team and their clients,” said Comtrade’s Chairman, Veselin Jevrosimovic.

“I am very pleased to bring CDS into the Endava family. Their engineering skills, approach to digital transformation and innovative culture are well aligned with Endava’s. We will also have enhanced credentials, capabilities and breadth of next-gen technology skills to better serve our clients,” said John Cotterell, Endava’s CEO