Qintess expands its presence in the Americas

Press release by Qintess

This is a machine translation of the original release, issued in Spanish

São Paulo, July 23, 2024 — Qintess, a global technology company with roots in Brazil, has successfully completed the acquisition of a portion of French giant Inetum's operations in Central and South America. With this milestone, the company is ready to expand its portfolio to encompass new clients in both the public and private sectors, further solidifying its presence in Chile and making solid entries in three new markets: Panama, Costa Rica and the Dominican Republic.

This strategic move is an integral part of Qintess' overall expansion plans within the global market. Through this transaction, the company will integrate more than 80 Inetum employees in the region, in addition to inheriting a list of esteemed clients that include Banistmo, HDI, Magna Motors, Caja Social de Costa Rica and the Electoral Tribunal of Panama.

Accordingly, Qintess will expand its operational presence to cover nine countries: Brazil, the United States, the United Kingdom, Portugal, Chile, Colombia, Panama, Costa Rica and the Dominican Republic, underscoring its commitment to penetrate new markets.

"Navigating a period of significant growth, this acquisition marks a pivotal point in our global expansion strategy as we position ourselves in three new markets poised to significantly contribute to our growth in the Americas," explains Nana Baffour, President, CEO and chief culture officer at Qintess. "Remaining alert to market opportunities, we are delighted to welcome Inetum's exceptional talent to our fold, confident that their expertise will further enhance the value proposition we offer to Qintess and our clients around the world."

"The transaction aligns perfectly with our strategic roadmap, and we are delighted to have found a suitable partner. We believe that Qintess is the right 'home' for our employees and clients in these four countries," says Jacques Pommeraud, CEO of Inetum.

Innovation drives business acceleration

As a leader in the global IT space, Qintess specializes in accelerating digital businesses by seamlessly integrating strategy, design and technology to develop innovative solutions that enable businesses to operate with agility, flexibility and sustainability.

"At the core of our essence is our commitment to catalyze transformation through the acceleration of digital business, supported by technology and innovation. With our entry into these new markets, we bring our extensive experience to support companies that embarking on their next phase of growth and established companies looking to adapt quickly to stay abreast of evolving market dynamics," adds Nana Baffour.

About Qintess

Qintess is a specialist in digital acceleration aimed at business transformation, combining experience in strategy, design and technology to develop innovative solutions combined with ESG best practices. With a portfolio focused on customer experience, agile automation, SAP, application development, systems modernization, decision science, artificial intelligence and data analytics, Qintess solutions enable enterprises operate quickly, flexibly and sustainably, following changes in a changing market, constant evolution. With approximately 3,000 employees, Qintess is present with operations in Brazil, Chile, Colombia, Panama, Costa Rica, Dominican Republic, United States, United Kingdom and Portugal.

About Inetum

Inetum is the European leader in sustainable digital impact, serving companies, public entities and society as a whole. The Group is dedicated to providing quick and agile responses to digital transformations. Inetum has recognized expertise and partnerships to design, develop and manage customized digital solutions. The technological solutions offered by Inetum aim to improve performance and increase the innovation capabilities of its clients. Built around its three pillars (Inetum Consulting, Inetum Technologies and Inetum Solutions), the group is committed to a useful and responsible digital transformation. With a strong territorial presence in 19 countries, Inetum has 28,000 employees and generated revenues of 2.5 billion euros in 2023.