App Solutions Acquires Grossum, a Kyiv-based IT Outsourcing Company

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App Solutions, a software development company with R&D office in Ukraine, acquires Grossum, a Kyiv-based IT outsourcing company. The deal will result in higher efficiency of the App Solutions’ business, strengthen expertise in web and mobile development and will improve the company's positions in the IT outsourcing market.

App Solutions, a software development company with R&D office in Ukraine, acquires Grossum, a Kyiv-based IT outsourcing company. The deal will result in higher efficiency of the App Solutions’ business, strengthen expertise in web and mobile development and will improve the company's positions in the IT outsourcing market. The combined business will provide a solid ground for further acquisitions and will pave the way to the App Solutions’ strategic goal of growing into a Top-10 IT outsourcing company in Ukraine.

Both teams will continue their business as usual and both brands and legal entities will remain active. Mykola Slobodian, the founder and CEO of Grossum, will join Oleksii Vitchenko as a partner in App Solutions and will take the role of CEO of the joint business.

The plan for the nearest future is to integrate the teams and business processes, and consolidate marketing efforts in positioning the two brands.

Following the acquisition, the expanded client offering now includes:

> Web and mobile applications development
> Expertise in E-commerce, Advertising Technology, Marketing Technology, Peer-2-Peer services, software for Internet of Things, Artificial Intelligence, Media, Big Data.
> Tech stack: iOS, Android, React Native, Ionic, PHP, Javascript, JAVA, Python
> Marketing of software products

“Partnering with Grossum is a turning point for our business, advancing us yet another step closer to becoming a Top-10 player in the Ukrainian IT outsourcing," – Oleksii Vitchenko, Founder of App Solutions.

"By combining our efforts, we will be able to strengthen the expertise and provide our customers with more advanced technological solutions. We will also improve the efficiency of sales and marketing, which will increase the flow of customers from Western Europe and the US," – Mykola Slobodian, Founder of Grossum.

About App Solutions
App Solutions is a software development company that creates outstanding apps that meet the clients’ objectives and reach the hearts of users. The company was founded in 2014 with headquarters in the USA, and R&D center in Ukraine. Website: http://www.theappsolutions.com

About Grossum
Grossum is a software development company specializing in web & mobile development and creating custom solutions that make customer businesses more successful. The company is founded in 2013. Website: http://www.grossum.com

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Yaroslav Diakiv
Digital Future Investments
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