Softforay Rebrands as NMS Consulting Following Deal Closing
Four months after announcing its acquisition of Softforay Dijital Dönüşüm, US-headquartered management consultancy has completed the deal.
In March, NMS Consulting agreed to buy Istanbul-based Softforay, a consultancy that advises companies and public institutions in Turkey and the region (particularly Bulgaria, Kosovo and Albania) with end-to-end management consulting services, including organisation design, business process management, human resources, finance & risk management, mergers & acquisitions and digitisation.
The integration will see Softforay change its name to NMS Consulting and become (a leading) part of its Middle East and North Africa division, which also consists of an office in Dubai. “We are extremely excited to have finally completed this acquisition which was delayed due to the temporary quarantine shutdowns of certain government offices within Istanbul and Turkey. I’d like to personally thank the entire Istanbul team for their effort in making this process a seamless transaction,” said Trevor Saliba, Managing Partner of NMS Consulting.
Saliba founded the consulting firm in 2016, and under his leadership has consultancy has grown to a team of over 150 consultants working from 10+ offices worldwide.
“As businesses and industries continue to need to evolve, we will be focused on helping clients maintain their long-term goals, while also identifying pitfalls and market opportunities for them. Combining our business and people with the brilliant team at Softforay, and fusing their organisation’s technology and consulting capabilities with our own, will ensure that we are able provide more ‘on the ground’ support in MENA more readily and thoroughly.”
“By joining NMS Consulting, our local team is now able to provide a wider breadth of services and solutions. The knowledge and experience that they will bring to the Turkish and Middle East regions will help companies make monumental shifts and bring them closer to achieving their financial, operational, and cultural goals,” said Aykut Cakir, Senior Partner and Head of Turkey and Middle East at NMS Consulting.
“Both companies share similar cultural and business values, and we will be in a much stronger position together to deliver services to our customers,” he added. As part of the transaction, NMS Consulting has also closed its minority stake in Softeconomics Yazilim Ve Danismanlik, a services provider and reseller of ERP and accounting software programs.
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