WASHINGTON, March 28, 2019 /PRNewswire-PRWeb/ -- Alpine Consolidated, a Washington-based merchant bank, announces the strategic acquisition of [e-spres-oh], an EU-based innovative global provider of custom software products, in order to accelerate [e-spres-oh]'s growth in the United States.
After successfully leading product development for US clients for more than 3 years, [e-spres-oh] will now have the resources to meet increasing demand from the U.S. market for its acclaimed end-to-end custom product development services. Alpine's acquisition of [e-spres-oh] positions the company for continued growth and operational excellence in 2019 and beyond.
The U.S. operations are headed by Marcel Barbulescu joining as President and CFO. Having served as Alpine's Chief Strategic Officer and as COO for other Alpine technology ventures, Marcel has an extensive experience leading international software development teams. Elan Blutinger, a founding partner of Alpine, assumes the role of Chairman and CEO, leading long-range strategy. Daniel Markovits, an [e-spres-oh] executive, is named Director of Engineering, with full technology and operational accountability.
"[e-spres-oh] has transformed the software outsourcing model from simple coding tasks to full end-to-end product development. How? We bring together product design, software development and quality assurance, by organizing our experienced and skilled engineers into teams immersed in the client businesses to maximize results," said Marcel Barbulescu, President and Chief Financial Officer.
Elan Blutinger, Alpine's Managing Director adds, "With the accelerated pace of software-based new product innovation in the U.S., I am certain that the addition of [e-spres-oh] to our group will allow us to leverage their talent and expertise to participate in market-changing ventures, lowering costs and accelerating the growth for our clients."
"I'm thrilled to lead [e-spres-oh]'s teams as we enter our seventh year of business. We have assembled one of the most talented and diverse teams in the software development industry, not to mention our customers and partners who rely on us for innovative approaches to product development and design in an increasingly interconnected and mobile world," said Daniel Markovits, [e-spres-oh]'s Director of Engineering.
Joining the [e-spres-oh] board are Mike Sands, a co-founder of Orbitz and CEO of Chicago-based Signal.co, Hasan Dossal a former Verizon finance and operations executive, and Jan Rosenberg the CEO of cloud service leader Datatility and multiple technology ventures.
Kim Schaeffer, the LA-based entertainment industry chief executive at Two Bit Circus and former CEO of Great Wolf Lodge, Maria Scripca, the Paris-based veteran Agile guru, Adam McGowan of CISCO, Iulian Dragos, the Lausanne-based co-founder of Triplequote and former member of the original Scala team, Mike Brooks, SVP of Revenue at Weatherbug and former Global Director of App Advertising at AOL/Verizon, Radu Ticiu, a long time leader of the tech community in Timisoara, and Chris Ensley NY-based investment banker for technology/media at Noble Capital Markets will also be joining the Advisory Board.
ABOUT [e-spres-oh]
EU-based [e-spres-oh] fuels end-to-end programming solutions for complex digital projects. The team offers clients the expertise to take products from start to finish, or augment existing teams to get derailed projects back on track. [e-spres-oh]'s unique approach enables its self-organizing, cross-functional teams to be scalable, adaptable, and deeply invested in client success. For more information visit http://www.e-spres-oh.com.
ABOUT ALPINE CONSOLIDATED
Alpine invests human and financial growth capital in early-stage entrepreneurial companies at the intersection of emerging technologies, communications, and consumer applications unique to the Washington capitol marketplace. Our limited partners, advisors, experienced management, and strategic partners create a unique cross-collection of talents and resources that we engage for our portfolio companies. For more information visit http://www.alpineconsolidated.com.
SOURCE Alpine Consolidated
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