Technology Holdings is pleased to announce that our client Synechron has completed the acquisition of Crossbridge, a specialist financial services consulting firm based in London providing full-service business and IT transformation management consulting to leading Tier 1 global investment banks. Technology Holdings was the exclusive advisor to Synechron on the transaction.
Synechron is the largest independent pure-play technology consulting and outsourcing provider for the financial services industry. The acquisition deepens Synechron’s strong financial services expertise and expands its offerings to include Business and IT Transformation, Regulatory Services, Data, and Financial Crime. The deal extensively augments Synechron’s consulting expertise.
“This acquisition is an important milestone for us and it has been our major strategic objective to strengthen our presence in London, since starting out in the U.S. financial services industry in the early 2000s,” said Faisal Husain, co-founder and CEO of Synechron.