Bain & Company partners with IT services firm Endava
Management consultancy Bain & Company has entered into a global strategic alliance with Endava, a London-based multinational IT services firm. The partnership combines Bain’s technology and business strategy expertise with Endava’s leading-edge technology and engineering capabilities.
Founded in 2000, London-based Endava is a leading IT services firm which helps firms digitally transform, assisting from idea generation to development to deployment of digital platforms and solutions. The company has over 4,700 employees, with nearshore delivery centers in Romania, Bulgaria, Macedonia, Moldova, Serbia, Argentina, Colombia, Uruguay, and Venezuela. Meanwhile, Endava maintains close-to-client offices in the US, UK, Denmark, Germany, and the Netherlands.
The firm has helped clients from financial services, healthcare, retail, media, and technology digitize, automate, and become more agile. And clients like what they get from Endava, with 91% of revenues coming from repeat clients over the last five years. The firm has seen dizzying growth over the past half-decade, with revenues growing from £43 million in 2012 to £159 million in 2017.
In order to boost its digital transformation capabilities, Big Three management consultancy Bain & Company has entered into a strategic alliance with Endava. The partnership combines Bain’s deep skills in business/technology strategy and change management with Endava’s leading product ideation, development, and deployment capabilities.
“The Bain-Endava partnership is a powerful combination,” commented Paul Meehan, Bain & Company’s regional managing director for the EMEA region. “Endava’s understanding of complex digital product interactions, its deep engineering expertise, and Agile, collaborative approach is uniquely complimentary to how a Bain team works. We believe this helps to generate industry leading technology products and platforms.”
Previously, Bain & Company had taken an ownership stake in the IT services firm during its July 2018 initial public offering on the NYSE – showing the high degree of confidence it has in its new strategic partner.
“Partnering with Bain & Company to deliver transformation for our clients will allow us to provide the very best business, program, and portfolio strategies on which we’ll conceive, design, and build the next generation of transformative enterprise and digital products and platforms,” said Endava CEO John Cotterell. “Together, working as one team, we will unlock the full potential of digital transformations and place our clients on the best path for success in the new digital business landscape.”
