HTEC Group, a global consulting, software engineering and digital product development company based in San Francisco, today announced that it has acquired Maestral Solutions together with its subsidiaries.
Joining forces with Maestral’s team of over 300 experts, HTEC Group now employs over 2,000 top professionals with the main engineering forces interconnected in Southeast Europe — where the company operates in six countries — together with creative and consulting offices located in Silicon Valley, London, Amsterdam, New York, Minneapolis, Stockholm and Gothenburg.
By combining the best of SEE engineering with Silicon Valley-based design thinking in more than 20 locations around the world, HTEC supports customers with complete digital product development, from strategy and conceptualization to design and engineering.
With an impressive client portfolio of Fortune 500 companies, Maestral will complement and extend HTEC’s domain expertise in fintech, telco, multimedia and other key industries where it has more than 17 years of experience delivering creative tech solutions to its primarily US client base.
The worldwide success of both companies stems from their ability to hire the best talent in the region and provide outstanding services to their customers. United in their people-first approach, HTEC and Maestral share similar values and the same goal of becoming the best platform for their employees’ professional development and career growth.
“In HTEC we found a perfect strategic partner: a company with relentless focus on people and engineering excellence, with a superb market position and an unmatched drive for success: basically a Maestral++. After exploring different ways of collaboration, becoming partners just felt natural. It was clear from the beginning that we share the same values, aspirations, and passion for growth. Joining forces to create a market leader in more ways than one unlocks our potential to build a brighter future together with absolute alignment. Faster. Better. Stronger“, said Sanin Saračević, CEO of Maestral.
HTEC partners with the world’s top high-tech companies, startups, corporations, investors and Fortune 500 enterprises to deliver sophisticated digital services. The company’s strong track record of innovative development across industries and domains has made it one of the fastest-growing technology companies in Southeast Europe, achieving 100% year-over-year growth.
Bolstered by the recent $140M investment from Brighton Park Capital, one of the largest European initial funding rounds by dollar value in 2021, HTEC continues to further scale and expand its capacities through a mix of strategic acquisitions and organic growth.
Together, HTEC Group and Maestral will provide an extended service offering to their clients, additional technology and product design capabilities, and will in the long-term secure stability and growth for both clients and employees.