This is M&A Deal Number 23 that ChannelE2E has covered in 2020. See the complete M&A deal list here.
CassaCloud will merge with Sovereign CRM, which Ness acquired in 2019. CassaCloud's expertise includes Salesforce Sales Cloud, Service Cloud, Community Cloud, CPQ, and Pardot. Employees from the CassaCloud headquarters have joined Ness’ office in Kosice, the company said.
Ness Digital Engineering Acquires CassaCloud: Executive Perspectives
Paul Lombardo, CEO of Ness Digital Engineering, commented:
“Companies across industries are using Salesforce as a platform for mission critical, cloud-based, customer-facing and revenue-generating solutions. We are eager to bring our rapidly expanding Salesforce capability, further strengthened by the excellent team at CassaCloud, alongside our proven digital capabilities to deliver business solutions that help our clients compete more effectively.”
Valér Dunda, managing director at CassaCloud, added:
“Our local and global clients value the hyper-customized solutions we develop for their businesses. By tapping into Ness’s digital engineering capabilities and extensive global footprint, we will be able to help even more companies best utilize the Salesforce portfolio to support their business goals.”
Ness was founded in 1999 after a group of New York real estate investors acquired a number of Israeli IT companies. All of the acquired companies were consolidated as Ness Technologies. Private equity firm Warburg Pincus invested in the company shortly afterward.
In 2016 the company changed its name to Ness Digital Engineering. It is now headquartered in Teaneck, New Jersey. The company now has roughly 4,000 employees worldwide.
Salesforce Partner Mergers and Acquisitions
Mergers and acquisitions within the Salesforce partner ecosystem have remained strong for a number of years.
Find an extensive list of Salesforce partner M&A deals here. Also, here’s a look at the Top Salesforce partners for cloud implementation services.