Dallas, June 10, 2024–(BUSINESS WIRE)–MOURI Tech, a global provider of enterprise IT solutions, has announced the acquisition of Vertisystem Inc., a US-based IT services company focused on the gaming and hospitality industry. The acquisition is part of MOURI Tech's strategy to strengthen its service offerings and expand its foothold in the gaming and hospitality industry verticals. Additionally, the acquisition will enable MOURI Tech to expand its presence in the US and India (Tier II city Indore) and strengthen its global delivery capabilities.
Anil Yellumreddy, CEO of MOURI Techexpressed his excitement: “We are excited to welcome Vertisystem to the MOURI Tech family. This move further enriches our managed service providers (“MSP“We are combining Vertisystem's experience with our portfolio to strengthen our client offerings. With this acquisition, we aim to expand our market reach across key industry verticals, including gaming and hospitality. Together, we will leverage the strengths of both companies to drive innovation and deliver value to our clients.”
“This acquisition by MOURI Tech is an important milestone for Vertisystem and our customers,” said Rakesh Sadhwani, CEO of Vartisystem“Partnering with MOURI Tech is an exciting opportunity for Vertisystem to offer our customers a broader range of IT services and innovative solutions, backed by MOURI Tech's scalability, strong workforce and global presence. We are excited about the possibilities this partnership brings and are committed to ensuring a seamless integration for our customers and employees.”
About MOURI Tech: (www.mouritech.com)
Founded in 2005, MOURI Tech is a global enterprise IT services provider that strives to deliver innovative solutions and an unwavering commitment to client success. The company's comprehensive portfolio includes digital transformation, intelligent ERP, cloud security, and automation, all aimed at delivering valuable results to a wide range of industries, including Fortune 500 companies. MOURI Tech is focused on enabling enterprises with advanced AI solutions to become future-ready, drive innovation, and accelerate business growth.
About Vertisystem: (www.vertisystem.com)
Founded in 2008, Vertisystem is a California-based IT services company providing solutions that optimize IT infrastructure and enhance businesses, particularly in the gaming and hospitality sector. With industry knowledge and dedication to ensuring customer satisfaction, the company aims to be a trusted partner to businesses striving to reach their full potential in today's ever-changing technology environment.
Advice Note: Ernst & Young (EY) LLP acted as financial advisor to Vertisystem Inc. in the transaction.
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