Encora Group is thrilled to announce the successful completion of the acquisition of Softelligence SRL. This significant milestone marks the finalization of the transition, with Softelligence now operating under the Encora brand. The culmination of this strategic endeavor solidifies Encora’s expanded global presence and its commitment to delivering cutting-edge digital engineering solutions to clients across continents.
The transformation of Softelligence into Encora reflects a momentous achievement, symbolizing the amalgamation of expertise and resources to provide unmatched digital engineering services worldwide. With a steadfast foothold in the Americas, Asia Pacific, and Australia, Encora’s expansion into Europe through Softelligence underscores its dedication to fostering a truly global network, offering innovative nearshore solutions.
“We are pleased to welcome the Softelligence team into the Encora family,” said Anand Birje, CEO, Encora.
Softelligence, renowned for its comprehensive array of software engineering services and digital solutions tailored for the banking and insurance sectors, now operates as Encora. With strategic locations across Bucharest, Craiova (Romania), London (UK) and Skopje (Macedonia), the transformed entity is set to catalyze data-driven growth through pioneering InsurTech, automation, AI, machine learning, and software engineering solutions.
“The rebranding of Softelligence to Encora marks an exciting phase of alignment and growth,” stated Adrian Blidarus, Founder and CEO of Softelligence. “As Encora, we are poised to deliver enhanced value to our clients in the U.K., continental Europe, and beyond. This transition underscores our commitment to providing unparalleled digital engineering solutions.”
This transition solidifies Encora’s formal entry into the European market, bolstering its capability to deliver world-class digital engineering solutions across economic centers globally. The union of Encora and Softelligence’s capabilities is set to revolutionize the digital engineering landscape on an international scale.
With a dynamic workforce exceeding 9,000 associates across the U.S., Europe, Latin America, India, and Asia Pacific, Encora is well-equipped to broaden its horizons into Europe. The rebranding of Softelligence to Encora amplifies its ability to cater to diverse markets, verticals, and technological domains.
Headquartered in Scottsdale, Arizona and backed by renowned private equity firms Advent International and Warburg Pincus, Encora is the preferred innovation partner to some of the world’s leading technology companies. It provides award-winning digital engineering services including data science & engineering, generative AI, software product engineering, cloud services, devops, digital experience, quality engineering and cybersecurity. Encora has deep cluster vertical capabilities in HealthTech, FinTech, HiTech, IAM & Cybersecurity, Digital Commerce, Travel & Hospitality, Supply Chain & Logistics, Telecom and other specialized industries. With over 9,000 associates in 50+ offices and innovation labs across the U.S., Europe., Canada, Latin America, India, and Asia Pacific, Encora’s global talent pool, industry vertical expertise and proprietary agile engineering capabilities enable clients to deliver superior business outcomes through accelerated innovation cycles. For more information, please visit www.encora.com.