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Investments: ThoughtFocus acquires BreakFree to expand digital services

Fiinews by Fiinews
February 15, 2023
in Investment
Reading Time: 2 mins read
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ThoughtFocus

Shylesh Krishnan.

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Krishnan sees BreakFree’s strong reputation for delivering high quality service

ThoughtFocus, Inc., focused primarily on the financial services end market with operations in the US, India, the Philippines, Canada and Dominic Republic, says acquisition of BreakFree Solutions of Chicago is to accelerate strategy to expand digital services capability even deeper into the global financial services sector.

“We have ambitious plans for growth and BreakFree’s expertise will help to accelerate our strategy to expand ThoughtFocus’ digital services capability even deeper into the financial services sector,” said Shylesh Krishnan, ThoughtFocus’ Chief Executive Officer.

“BreakFree has a strong reputation with enterprise customers for delivering high quality service and successful outcomes,” he said in a release from Bangalore on 15 Feb 2023.

“We are excited to join the ThoughtFocus team,” said Mitch Northcutt, BreakFree’s President & Chief Executive Officer. “We share ThoughtFocus’ commitment to customer growth and satisfaction.

“Through this partnership, we will be able to offer end-to-end solutions to our clients, and our employees will have greater opportunities for career growth and development.”

Kevin Van Culin, Managing Director at H.I.G. Capital and a ThoughtFocus Board Member, commented, “We are excited to be partnering with Mitch and the entire BreakFree team. This partnership will further establish ThoughtFocus as a leading provider of digital services in the financial services sector.”

Headquartered in Chicago, Illinois, BreakFree provides digital services to leading enterprise customers in the financial services sector. BreakFree’s U.S.-based workforce uses its expertise in product development, cloud enablement, and DevOps implementation, to support its clients’ most critical and strategic digital initiatives.

BreakFree is a leading digital consulting firm that helps its clients institute and scale strategic digital initiatives through its sophisticated agile and DevOps frameworks.

ThoughtFocus helps forward-looking companies and organizations in the financial services, manufacturing, and higher education/public services sectors innovate and achieve a better future faster. fiinews.com

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