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Kellton Tech acquires Lenmar Group of Companies

30 Mar 2017 Evaluate

Kellton Tech Solutions has completed 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. 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.

Kellton Tech has been on a phenomenal growth trajectory, earning prestigious recognitions for its innovation leadership in digital transformation along the way. Indeed, it has been ranked 19th and 193rd in the 2016 Deloitte Technology Fast 50 India and Fast 500 Asia-Pacific respectively, signifying its robust growth trend.

Peers
Company Name CMP
TCS 2072.15
Infosys 1005.60
HCL Technologies 1244.45
Wipro 163.50
Tech Mahindra 1546.60
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