Fincons Group announces closing of acquisition of PDG Consulting’s assets, an IT, business intelligence and digital transformation company specialized in the Media & Entertainment sector based in Los Angeles with an offshore office in Mumbai (India) and accounts for over 100 professionals.
As a result, PDG US based employees and customers are now transferred into Fincons.US, Inc, while the Mumbai office has become an integral part of Fincons India Private Limited, a fully owned subsidiary of Fincons Group AG and sister company to Fincons.US, Inc. This strategic acquisition consolidates Fincons Group's international expansion and market positioning in the US.
Michele Moretti, CEO Fincons Group, comments: “We have always grown organically to date, thanks to our skills, our focus on building lasting and solid relationships with customers and partners and our commitment to research and development. As a result of our efforts, we’re proud to have achieved key positioning on the international market. Now the time has come to move even further forward and consolidate our expansion plans with a significant step both for Fincons, which becomes more and more a global business, and for our customers, to whom we will now offer even more experience, quality and passion everywhere in the world.”
PDG was in fact selected not only for its strategic positioning on the US market but also for its affinities with Fincons’ values, in particular its attention to people, customers and sustainability. Furthermore, the skill and experience of PDG Consulting’s professionals will complement the Fincons team in the United States, consolidating the expansion process across various target sectors in addition to Media, such as Manufacturing, Financial Service and Energy and Utilities.
“This acquisition will contribute to making Fincons’ US presence more relevant. It will also strengthen the Group in terms of assets and workforce, allowing us to offer even more rounded and competitive services to our international customers, who will benefit from an even more complete team, delivering our high standards of service and forward-thinking approach to technological integration, based on the ongoing scouting of best-in-class solutions around the globe,” declares Francesco Moretti, Group Deputy CEO and CEO International.