Capco, a technology and management consultancy focused on the financial services and energy industries, acquired Atom Solutions LLC, a Houston, Texas-based IT consultancy focused on delivering innovative solutions and services to companies in commodities trading.
The amount of the deal was not disclosed.
The transaction will complement and extend Capco’s client offerings. ATOM’s leadership team, including founder Firoz Jhaver and Principal Sudhir Devappa, and all its employees will be joining Capco.
Founded in 2011 by Firoz Jhaver, Atom leverages deep domain expertise to support asset managers in the commodity trading space to develop IT strategies and implement technology solutions.
Led by Lance Levy, CEO, Capco is a global technology and management consultancy dedicated to the financial services and energy industries. Its professionals combine innovative thinking with industry knowledge to offer clients consulting expertise, complex technology and package integration, transformation delivery and managed services to move their organizations forward. The firm specializes in banking, capital markets, wealth and asset management, insurance and energy serving clients from offices in financial centers across the Americas, Europe, and Asia Pacific.