Strategic joining with Conclusion to propel Neotalent’s international growth
The IT talent and service provider Neotalent has officially joined Business Transformation and IT service Dutch group Conclusion, after the agreement with Novabase Group for the acquisition of the latter has been signed in October, following the absence of opposition from the Portuguese Competition Authority in late November.
This acquisition makes Neotalent part of an ecosystem of over 3,600 employees comprising teams of more than 25 expert companies in the field of business transformation and IT services. Neotalent will remain operationally autonomous in Portugal and Spain, but, as part of Conclusion, it will expand its international business opportunities and collaborate closely with the ecosystem, boosting its nearshore capabilities, strengthening client teams in Europe, and meeting the significant demand for skilled multidisciplinary professionals.
Engbert Verkoren, CEO of Conclusion, comments: “We are very proud to have closed this agreement, and really excited to welcome Neotalent to our ecosystem. Neotalent is bringing the necessary talent and expertise to increase our responsiveness to our clients’ needs, while addressing present and future IT and business transformation challenges.”
Célia Vieira, CEO of Neotalent, says: “Today marks a significant step in our journey toward growth. Being part of the Conclusion ecosystem opens doors to new markets, bringing along exciting challenges and opportunities for all parties involved. Conclusion’s focus on Nearshore perfectly aligns with our vision of becoming a reference in the European market, putting our Iberian talent at the forefront of the industry.”
The acquisition of Neotalent by Conclusion reinforces the group’s IT core capabilities and its talent responsiveness for the future, strengthening its position as a prominent Business transformation and IT service provider.
Conclusion is an IT service provider that operates as a bridge builder between strategy, business and technology, with 2.800 employees and a turnover of € 441 million in 2022. The company has its origin in the Netherlands and is distinguished by its ecosystem of over 25 expert companies in the field of business transformation and IT services. Each of these companies is an authority in its own field. Together they accompany companies and governments ranging from mid-sized to large on their respective digital journeys to tomorrow. Conclusion takes on responsibility for mission-critical company processes and systems as well as company processes and systems that are vital to society, in the heart of society. Further information can be found at: www.conclusiongroup.com/en