September 9th, 2007
KARACHI, PAKISTAN: Subject to the approval of the regulatory bodies, ITP, the leading provider of mission critical operational consulting for large and medium sized enterprises in the financial, manufacturing and telecommunications sectors, will purchase all shares in ECAS (Enterprise Consulting & Advisory Services Pvt Ltd)- This acquisition will enable ITP to strengthen and expand its portfolio in the governance space.
ECAS “Enterprise Consulting & Advisory Services“ is Pakistan’s first Boutique Governance Risk and Compliance Advisory company.
ECAS is a Venture Capital back company founded in 2006. According to Faizan Siddiqi Chief Operating officer and Founder of ECAS “Joining forces with ITP was the next logical step in a growth strategy based on delivery of vital enterprise governance services," The Management Board therefore systematically scanned the market for potential partners. After a careful evaluation process, ITP emerged as the ideal partner.”
ITPs Consulting & Implementation Services Continue to Grow
For ITP this represents a strategic takeover. “We are already the largest provider of CRM enablement services in the domestic space. This takeover will hugely expand our lead, as ECAS will supplement our core business in our domestic markets,” says Ibrahim Hamid, COO of ITP. The two companies’ primary focus lies in the Telecommunications and Financial services space. ECAS specializes in providing services for business transformation. The group is therefore an ideal match for ITP which also has a strong focus in this area. According to Anwar Matin, CEO of ITP, “Our experienced acquisition team will very soon seamlessly complete the integration of ECAS into ITP's existing portfolio, this will create huge opportunities for us which we fully intend to capitalize on.”
Customer Benefits
This acquisition enables ITP to be the leading management consulting and business transformation services firm in the nation. Committed to delivering creative and cost effective solutions that enhance the productivity of our clients. The Founder & COO of ECAS, Mr. Faizan Siddiqi has assumed the role of Chief Strategy & Investment Officer at ITP.
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About Integrated Technology Partners
Integrated Technology Partners is an enterprise application-consulting firm. Integrated Technology Partners provides a wide breadth of services including but not limited to strategy formulation, project management, solution evaluation, and implementation consulting. We have extensive global multi-tier and vertical industry experience including but not limited to telecommunication, manufacturing, retail and finance. For more information about Integrated Technology Partners please visit www.i-techpartners.com
About Enterprise Consulting & Advisory Services (ECAS)
ECAS is Pakistan’s First Boutique Governance, Risk and Compliance Advisory Company. We have Enterprise level Consulting expertise and experience at Fortune 100 organizations. Our team is composed of repatriated executives and a vibrant local team. ECAS is a process oriented and success driven company, focusing on local and regional markets. Our central values of perseverance, performance, and willingness to share risk, influence every aspect of our practice.For more information about ECAS please visit www.ec-as.com
To discuss how we can help your organization, please call us at +92.21.5636060 or request a call back here. Please click here for our complete contact information including email.
