Zenitech secures growth private equity investment from Sovereign Capital Partners.
Sovereign Capital Partners has acquired a significant minority stake in the digital transformation specialist.
Zenitech is a digital transformation specialist providing consulting, technology and product innovation services to a blue-chip client base. The multinational company employs over 200 staff across offices in the UK, Romania and Lithuania.
Zenitech has secured growth private equity investment from Sovereign Capital Partners to scale its operations and support its expanding client base. The transaction involves Sovereign taking a significant minority stake in the digital transformation specialist.
The funding will enable the founders to accelerate their ambitious growth plans while maintaining service quality. Sovereign has tracked the business for several years before backing the management team.
The injection of capital arrives as demand for digital transformation accelerates. Zenitech plans to leverage the backing to further develop its offerings and expand its market reach.
From the founder
"We have come a long way since we set up our business just five years ago. This is an exciting market and we have achieved fast yet solid growth without compromise to the quality of our offering."
Edward Batrouni
Co-founder at Zenitech
Investor perspective
"We are delighted to be backing this highly capable and entrepreneurial management team who we have got to know over the last three years. Zenitech operates in a high growth and fragmented market, with digital transformation becoming of ever-increasing strategic importance to businesses."
Jonathan Thorne
Director, Sovereign Capital Partners
Use of funds
- 01Fund acquisitions
Investors
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About the company
Zenitech
Zenitech provides digital transformation and product innovation services for corporate clients.