Strategic acquisition strengthens Pwrteams’ footprint, access to talent and ability to build cross-border IT and engineering teams for the customers
Nortal, the multinational strategic change and technology company has today announced its acquisition of Questers, an award-winning distributed software company. As a subsidiary of UK-based TPXimpact Holdings PLC (AIM: TPX), Questers will now merge with Nortal’s daughter company Pwrteams to strengthen our footprint in North America and the UK, and bolster our existing business of creating cross-border IT and engineering teams for customers globally.
Questers, founded in 2007 is one of the leading international software development companies that design, build and manage dedicated teams over a diverse set of technologies in various industries. The majority of Questers’ customers are in the UK, but also in the US, Germany, Belgium, Norway and Switzerland.
“Access to great talent underpins Pwrteams’ growth plans, and this latest acquisition marks the first step in our expansion journey. Questers’ top-tier tech talent in Bulgaria is a great addition to the capabilities of our existing pwrteams community. Together, we aim to become the international leader in building cross-border dedicated IT and engineering organizations to extend our customers’ businesses with speed, efficiency and scalability,” said Karel Saurwalt, CEO of Pwrteams.
Nortal introduced pwrteams and launched the new business model of outsourcing and team augmentation to the company’s portfolio in 2022 following the acquisition of Skelia.
“The Questers acquisition strengthens our pwrteams business which is focused on building dedicated cross-border teams for our customers. The acquisition will add market presence in the US and UK, and complement our strong double-digit organic growth over the last 5 years. I am glad to welcome the 300+ new colleagues into our team,” commented Priit Alamäe, CEO and founder of Nortal.
“Being part of TPXImpact transformed Questers into a mature, high-performing business that has delivered consistent value to our customers. Joining Nortal’s pwrteams business presents the next opportunity for us in our evolution to respond to the changing needs of the global tech collaboration sector with an even more powerful offering. The natural affinity of our two businesses, and our complementary skill sets will combine to deliver growth across a broader range of industries and territories,” commented Alexander Drangajov, CEO at Questers.
“I would like to thank all our colleagues at Questers for the important work they have contributed to the Group over the past five years, and I am confident Nortal represents an excellent fit for the business going forward,” said Bjorn Conway, Chief Executive Officer at TPXimpact.
