Armstrong Supports Sovereign’s Investment in Zenitech

Armstrong has supported Sovereign’s investment in Zenitech, a strategic business consulting and technology services provider.

Zenitech provides consulting, technology and product innovation services with a focus on building and scaling mission-critical products and systems for blue-chip clients. The company empowers its clients to future proof their businesses by providing end-to-end digital transformation capabilities to create new digital products, increase revenue and market share, streamline operations and reduce costs.

Established in 2015, the business has c.200 employees across three offices in the UK, Romania and Lithuania. The successful combination of Zenitech’s high-quality strategic consultancy and technical software development capabilities is reflected in its deeply embedded client relationships.

Armstrong’s work included granular market sizing and segmentation of the UK market and high level assessments of international markets to validate the opportunity available to the business, in addition to analysis of the competitive environment highlighting Zenitech’s position in the digital transformation ecosystem and key differentiators versus competitors.

We also carried out in depth customer referencing with more than 20 current and prospective Zenitech clients. These detailed conversations provided a highly nuanced view of Zenitech’s capabilities and opportunities for future growth.

Jonathan Thorne, Director at Sovereign Capital Partners, said “We appreciated Armstrong’s extensive sector knowledge and constructive recommendations which will feed into our value creation plan to help Zenitech scale to address its enormous market opportunity, whilst retaining its excellent service quality.”

Mike Callow, Head of Technology at Armstrong Transaction Services, said “Zenitech’s combination of strategic technology advice, agile nearshore development, and the depth of its customer relationships are exceptional for a business of its size.”

This is one of two digital transformation deals that Armstrong has supported this month, to find out more about Armstrong’s views on digital transformation and the technology services market, please contact:

Mike Callow, Head of Technology, +44 7894 594 500, mcallow@armstrong-ts.com

Matt McNally, Director, +44 7984 736 523, mmcnally@armstrong-ts.com

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