IT company co-founded by a Moldovan entrepreneur, bought by U.S giant

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A British IT company founded by an entrepreneur originally from the Republic of Moldova, which has 250 employees in Romania, was bought by a large American company.

The Amdaris company, opened in Great Britain in 2009 by the Moldovan programmer Vlad Nanu, together with the Englishman Andy Rogers, was acquired by the American company Insight Enterprises, a large integrator of IT solutions for companies, which had sales of 10.4 billion dollars in 2022.

Insight Enterprises, a Fortune 500 Solutions Integrator focused on driving client success through digital transformation, has acquired Amdaris, an award-winning software development and digital services specialist based in the UK with service delivery centres located in several eastern European countries. Through this acquisition, Insight will add Amdaris’ innovative software development, application support, managed services and consultancy services to its broad solutions portfolio and IT supply chain capabilities.  

Amdaris has 800 people worldwide, and almost 250 in Romania. The Romanian subsidiary, Amdaris Romania SRL, had revenues of almost 40 million lei and profit of 2.5 million lei, with 237 employees in 2022, according to official data published by the Ministry of Finance.

“The acquisition marks an important milestone for Insight as a leading Solutions Integrator,” said Joyce Mullen, president and CEO of Insight. “With the addition of Amdaris, Insight will scale robustly, enhance its technological capabilities and deliver an even broader range of services and solutions to clients in EMEA. They are a perfect fit to help Insight go faster and help our clients achieve their desired business outcomes.”  

Adrian Gregory, Insight EMEA president, said: “With the business landscape in a constant state of change, IT products and services have become integral: every business must be digital now, and they must move quickly to achieve it. Organisations need a partner to advise, design, build and implement their future business models using technology, accelerating their digital journey. With Amdaris, Insight’s position as a leading Solutions Integrator will be enhanced, and clients will be provided with even more capabilities in application development and digital consulting. Amdaris clients in turn gain access to our deep expertise in cloud, data, AI, cybersecurity and intelligent edge, augmented by Insight’s longstanding relationships with more than 6,000 technology partners across the globe.” 

“We’re thrilled to bring our proven track record of innovative software development and business-critical modernisation expertise to Insight,” said Andy Rogers, co-CEO of Amdaris. “Insight has established an award-winning reputation as a trusted partner, committed to helping organisations perform to their full potential. By joining forces, we look forward to leveraging Insight’s global expertise and delivery network, particularly its global managed cloud service and leading knowledge of modern data warehouses and generative AI. Its expansive partnerships and accreditations will undoubtedly help our existing clients think even more ambitiously about their transformation goals.” 

“Amidst the fast-paced growth of the IT industry, our acquisition by Insight speaks volumes of their unwavering trust in the exceptional software development skills and talents that Eastern Europe has to offer,” said Vlad Nanu, co-CEO of Amdaris. “There’s also a lot of excitement that this level of investment will generate significant impact and development in the region.” 

The sum of the transaction has not been revealed.

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