Global digital agency Valtech to acquire Dubai-based Revonic

Global digital firm Valtech is acquiring Dubai-based digital experience and design specialist agency, Revonic.

The purchase comes on the back of Valtech receiving funding from investment firm BC Partners valuing the company at $1.4 billion.

Adam Cukrowski, founder and chief executive officer of Revonic, said: “Revonic takes an organization’s digital offerings further, through data-based actionable insights.

“By putting enterprises in the driver’s seat of their digital vehicle, we have given new confidence to the region’s innovators to tweak the customer experience and fine-tune performance.”

Valtech’s regional operations were launched more than 18 months ago, and talks began with Revonic soon after.

The acquisition is the latest addition in a series of recent buys for the company, reaffirming its commitment to clients across the Middle East and North Africa (MENA) region.

The expansion comes at a pivotal time for the region, which is undergoing rapid digital transformation as consumers’ appetite for digital solutions continues to grow.

Olivier Padiou, group CEO at Valtech, said: “We are excited to welcome Revonic into the Valtech group and to be expanding our operations across MENA. We are not only welcoming an impressive set of new clients, but also an impressive and talented team that will help to strengthen and develop our international brand and increase our reach.”

Valtech, which has offices in 18 countries, is responsible for delivering digital solutions for multinationals including L’Oreal, easyJet, Audi, and PepsiCo.