Strategic and technical consultancy Cadmus has acquired Ventera for an undisclosed sum to expand its digital transformation offerings for government and private sector companies.
As a result of the acquisition, Cadmus said Tuesday it will create a new technology solutions division focused on expanding its presence in the health care, finance, media and communications markets.
Ventera is a Virginia-based tech consulting firm that helps government agencies and businesses address complex challenges through agile, human-centered design, DevSecOps and other technologies.
“In today’s consulting market, technology drives the way we manage and analyze data, allowing those who harness it most effectively to deliver superior solutions with unprecedented speed and efficiency,” said Ian Kline, president and CEO of Cadmus.
“Leveraging Ventera’s extraordinarily talented technologists, agile delivery specialists, and CX specialists in collaboration with Cadmus’ best-in-class subject matter experts, we are poised to execute tech-enabled consulting at an exceptional scale, empowering our clients to make a profound impact on the world’s most complex and critical challenges,” added Kline.
Leadership Team of Cadmus’ Technology Solutions Division
Robert Acosta, CEO of Ventera, will lead the new technology solutions division within Cadmus.
“We are thrilled to join Cadmus and bring our deep technical expertise and advanced solutions to even more clients worldwide. With our shared commitment to innovation and strong cultural alignment, this partnership brings new and exciting opportunities,” said Acosta.
Praveen Nedungottil, chief technology officer at Ventera, will assume the role of CTO within Cadmus’ new division.
Ventera Executive Vice Presidents Chris Ford and Jeff Smith will continue to oversee their respective business units within the new division.
At Ventera, Smith currently leads the government services unit and Ford manages the business services segment.
Cadmus expects the division to advance tech-driven approaches to help broaden its core services and enable it to pursue new growth opportunities.