Boston, USA-based leading digital technology consultancy Intevity acquired Maryland, USA Techabo, a rapidly growing digital consulting agency. The company announced the acquisition on November 1, 2023. However, it did not disclose the amount of the transaction.
Purpose of acquisition by Intevity
The recent purchase further fuels momentum to Intevity’s focus on strategic growth. It also brings talented employees on board with deep expertise in e-commerce technology systems. Employees from both companies have collaborated for decades. The acquisition strengthens Intevity’s commitment to building long-term relationships within the industry based on trust and integrity.
Furthermore, Intevity has plans to pursue growth inorganically via strategic acquisitions as well as organically via sales, partner and executive channels.
What the Intevity CEO has to add
Intevity CEO George Jagodzinski said, “We’ve worked with Marcus and many of his employees in various capacities since 2006. We’re extremely impressed by what Techabo has accomplished in the last five years. They’re a perfect fit with Intevity’s culture and values, and they complement our business strategically by adding considerable specialized depth and breadth to our existing e-commerce capabilities.”
In addition, Ben Elmore, Chairman of Intevity’s Board, said, “We’ve been quite deliberate in our growth strategy this year and aim to continue adding depth to our capabilities, verticals and industries. Techabo presented an excellent opportunity to expand our industry expertise across brand retail, which will allow us to provide even more for existing clients and expand within those markets.”
What the Techabo CEO has to add
Techabo CEO and founder Marcus Penny further added, “I’m extremely proud of my team and all that we accomplished over the last few years and excited with this opportunity to join Intevity. It’s particularly gratifying because we modelled Techabo from the outset on Intevity’s business model of consistently going above and beyond the statement of work for our clients to extend their team and help them succeed in their vision and journey.”
About Techabo
Marcus Penny launched Techabo in 2018.
Techabo is a global digital consulting agency. It helps brands develop e-commerce solutions as well as digital ecosystems. From evaluating existing digital experiences to aiding brands in developing digital commerce sites from the ground up, Techabo provides technical, strategic, tactical, as well as hands-on support. Techabo specializes in Digital Commerce Enablement, Digital Strategy, Data Integrations, RFP Development, Product Management, Program Management, Project Management, PXM, PIM, DAM, and CMS. They are a trusted Salsify partner that offers an extensive range of services for its renowned digital platform.
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