Nespon Solutions acquires Latin American Cloudblue Services to boost financial services capabilities
In a significant move within the tech consulting sector, Texas-based Nespon Solutions has announced the acquisition of Latin American Cloudblue Services. This strategic acquisition is valued not only for the financial investment but also for the broad capabilities and market expansion it brings to Nespon Solutions. Particularly, Nespon Solutions will gain enhanced expertise in Salesforce Industries for Financial Services, marking a significant step in its ambition to broaden its presence across the Americas. Furthermore, Cloudblue Services customers stand to gain from Nespon Solutions’ unique delivery model, expansive global reach, and an extensive partner network.
At the heart of this acquisition is Nespon Solutions’ aim to offer a more comprehensive value proposition. Umer Fazal, CEO of Nespon Solutions, emphasized the importance of this move, stating, “This is about creating a stronger value proposition for Nespon, with deep industry expertise in Insurance and Finance for organizations that value rapid time to market, quality, and innovation.” The sentiment was echoed by Daniel Mark, President of Nespon Latam, who highlighted the opportunity for Nespon to significantly expand its presence in the burgeoning market of Colombia.
For Cloudblue Services, this acquisition represents a pivotal development. Ivan Hassig, the Managing Director at Cloudblue Services, shared his enthusiasm for becoming part of the Nespon family. This move is seen as crucial for expanding the portfolio offered to current customers while also providing a robust platform for Cloudblue’s employees to further their careers within a global context. Hassig will take on the role of Nespon Country Manager for Colombia, ensuring a smooth integration and continuation of strategic growth initiatives.
The merger of Nespon Solutions and Cloudblue Services creates a powerhouse with nearly 350 employees, more than 500 Salesforce certifications, and four global Centers of Excellence spread across North America, Latin America, Asia, and Europe. This enhanced capacity underscores Nespon Solutions’ commitment to providing top-tier consulting and implementation services aimed at navigating the complex multi-cloud landscape. The company specializes in automating business processes, integrating legacy systems, and streamlining services to address various business challenges effectively.
“Cloudblue Services is part of our strategy focused on acquiring companies with unique capabilities in growth markets. This helps Nespon attract new clients with our global reach and broad expertise,” Umer Fazal further explained. This acquisition not only strengthens Nespon Solutions’ position in the global market but also reaffirms its dedication to delivering cutting-edge Salesforce, Data, AI, and Digital Transformation solutions that drive measurable results and business value.
In a world where digital transformation is paramount, Salesforce remains the leading platform for Customer Relationship Management across industries, connecting companies with their customers in innovative ways. Nespon Solutions leverages this platform, along with its deep industry knowledge in Insurance, Health, and Telco, to help companies place customers at the center of their strategies. This acquisition is a testament to Nespon Solutions’ commitment to facilitating the adoption of mobile-first and digital omnichannel strategies, transforming customer experiences, and driving digital innovation forward.
The acquisition of Cloudblue Services by Nespon Solutions represents a strategic maneuver within the technology consulting and Salesforce ecosystem. It signifies a deliberate move towards enhancing capabilities in financial services, expanding the geographic footprint, and enriching the customer and employee experience. This deal showcases the importance of strategic acquisitions in achieving rapid growth, expanding service offerings, and reinforcing a company’s position in the competitive global market. For companies operating in the Salesforce and digital transformation space, such moves are indicative of the growing emphasis on not just scaling operations but also deepening sector-specific expertise and global reach.