Reston–Virginia, USA, September 27, 2020: Kellton Tech (BSE…
Hyderabad: Kellton Tech, a global leader in digital transformation with strong expertise in enterprise solutions, announced today the acquisition of US-based Lenmar Group of Companies, a global IT services and solutions group with a commanding presence in banking and financial services space.
Lenmar Consulting, the flagship company, provides a broad range of IT offerings, including cloud services and cutting-edge custom development, and has carved a niche for itself in the BFSI market. Serving marquee clients in this space, it became a natural acquisition partner for Kellton Tech which has sharpened its focus on the next digital frontier of financial technologies. This acquisition will deepen Kellton Tech’s BFSI IT capabilities and support its next phase of growth in existing markets of US, India and Europe and new markets in APAC region.
Kellton Tech, through this acquisition, will expand its market share in the banking and financial services space and deliver composite strategic value to a wider range of customers. Lenmar will leverage Kellton Tech’s capability edge and global footprint to expand its technological and geographical reach.