In a critical step in its growth strategy, Parsippany-based Bluewave Technology Group acquired on Tuesday announced it acquired Telapprise, a technology advisory and expense management firm.
This acquisition is Bluewave’s sixth since its launch. The terms of the transaction were not disclosed.
All Telapprise employees will integrate into the Bluewave team, including sales, solution architects and technology expense management/wireless expense management operations.
Telapprise serves over 500 medium to large enterprise businesses with several offerings, including solution development, sourcing services and TEM. The San Jose, California-based company was challenged to scale its business as an independent company. After exploring options, it selected Bluewave for its commitment to being a steward of Telapprise’s business and its shared vision to streamline the technology transformation process for enterprise customers.
“Our goal is to build an innovative, intelligent and simplified strategy that will reshape how companies manage services and technology,” said Seth Penland, CEO of Bluewave. “We are only investing in companies with a focus on optimizing customer experience through integrated solutions, and Telapprise is the perfect example of that. The expertise that the Telapprise team brings to Bluewave will be especially invaluable in our technology assessment and technology expense management practice areas.”
“Technology transformation is complex and requires experts across the technology stack — in integrations, telecom, mobile, cloud and expense management. By joining Bluewave, we now have a deeper bench of specialized resources that will enable us to work with our clients to optimize their technology investments continuously,” said Davin Lundy, founder & vice president, client services, at Telapprise. “We put our clients’ goals at the center of everything we do. I am pleased we will get to continue that mission now under the Bluewave name.”
