OCP to invest and combine Maestral Solutions, Mistral under one roof

Author : Saipriya Iyer | Published Date : 2020-12-02 

As per reliable sources, Netherlands-based global investment banking advisory and private equity firm Olympia Capital Partners (OCP) has announced a collaboration and strategic investment in Atlanta-headquartered software product development company Maestral Solutions Inc, along with Bosnian IT solutions provider Mistral Technologies.

If sources are to be believed, OCP will focus on combining the two companies and will established a headquarters of the alliance in Amsterdam. The main objective of the newly formed alliance is to leverage OCP’s expertise in merger & acquisition (M&A) strategies as well as operational excellence in order to drive robust business expansion.

Sanin Saracevic will reportedly be appointed as the CEO of the group while Frank Torres and Mersed Camdzic will be taking over as Chief Operating Officer of U.S. operations and Head of European operations respectively.

Reportedly, OCP’s partners Almir Jazvin and Nedim Music will be a part of the board members and will assist in strengthening the presence of the group in an effort to drive inorganic as well as organic growth through North America and Western Europe. The alliance will also appoint consultants from well-established firms such as Deloitte, Capgemini and Boston Consulting Group.

For the record, Mistral Technologies and Maestral Solutions are leading IT solution providers that operate on the Product Development as a Service (PDaaS) model and focus on building modern, secure, and reliable software systems and products. Overall, the two companies collectively have employed around 200 IT professional with operations across Mostar, Sarajevo, Atlanta, and Amsterdam.

About Olympia Capital Partners

Olympia Capital Partners (OCP) is a global investment banking advisory company, merchant bank, and privately held equity investment firm that is headquartered in Amsterdam, Netherlands. The organization primarily caters to businesses in the financial services sector and offers advisory services for bankruptcy, debt, venture capital, and initial public offering among others.

Source credits: https://www.prnewswire.com/news-releases/olympia-capital-partners-announces-strategic-investment-and-partnership-with-market-leading-product-development--it-solutions-firms-maestral-solutions-and-mistral-technologies-301181677.html

About Author

Saipriya Iyer

Saipriya Iyer

Saipriya Iyer presently works as a content developer for fractovia.org. Having dabbled with the domain of content creation for nearly half a decade, she now boasts of an enviable portfolio, holding substantial experience in penning down pieces related to technology, finance, and a wide spectrum of other industry verticals. A qualified computer engineering graduate from the University of Pune, Saipriya can often be found leveraging her knowledge of software technology and electronics in her write-ups. She can be contacted at- [email protected] | https://twitter.com/saipriya_i

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