Edison-based Avaap, an advisory service and IT management consulting firm, announced Monday it has acquired Navigator Management Partners, a Columbus, Ohio-based cross-platform management and technology consulting firm.
The acquisition will allow Avaap to provide technology advisory and management consulting services for organizations in health care, retail, higher education, nonprofit, government, manufacturing and other industries.
Avaap, which has more than 200 customers in 35 countries, will now be able to serve a broader sector of the market, it said.
“The acquisition of Navigator is a landmark step in Avaap’s strategic development,” Dhiraj Shah, CEO and president, Avaap, said. “Digital transformation, migration to the cloud, and other industry disruptors are increasing the need for customers to seek an experienced partner that understands their business, not just the technology. Our focus is to have the leading market share in the industries we serve by providing superior end-to-end capabilities. This acquisition, along with the continued support from our capital partner NMS Capital, and the new partnerships we inherit, allow us to support our growth goals and extend that commitment to our largest assets; our customers and employee citizens.”
Financial terms were not disclosed.
“We are two growing and profitable companies, both passionate about our shared vision and values. Joining together puts us in a stronger position to build for the future faster and better than before, combining a massive breadth of experienced resources across multiple ERP platforms, as well as BI and change management expertise. The acquisition will allow our existing and new customers to have access to some of the best people and technologies available to address their critical missions and our employees will benefit from greatly expanded growth opportunities as part of the new company. We see strong opportunities for growth and the combined organization will enable us to have the team and resources to do so,” Navigator CEO David Schoettmer said.