IT Consulting Acquisition: Evolve Acquires Pug IT
Evolve has acquired Pug-IT, a custom software development company. The businesses will now operate as Evolve-IT Consulting and Evolve Dev (which is the former Pug-IT), both reporting into Evolve Holdings. Financial terms were not disclosed.
The combined company, with roughly 30 software developers, has key locations in Leicestershire, England and the Ukraine.
Philippe Peron is MD of Evolve Dev and Leanne Bonner-Cooke is CEO of Evolve-IT Consulting Ltd, and Evolve Holdings which sits above both brands.
Evolve has offered bespoke technology solutions and professional services to blue chip companies since 2007. Pug-IT and Evolve first collaborated nearly two years ago, which made the merger a “no-brainer,” according to Peron.