Pontis Technology continues to further its business growth through acquisitions
07 May 2024
(Zagreb, Croatia, 29 April 2024) Pontis Technology d.o.o., one of the fastest growing Croatian software companies, signed a purchase agreement on April 18 to take over 100% of the shares in the company Studio djetelina d.o.o., better known as Clover Studio,from its previous owners.
Clover Studio is a software company from Zagreb, Croatia with 18 employees and a rich list of work references for renowned companies such as the Japanese group Mitsubishi Corporation, the marketing corporation Dentsu, the American food company NeoLife and many others.
With this acquisition, the company Pontis Technology, in addition to the rapid expansion of business through organic growth, continues its previously announced expansion on the domestic and regional market with now around 90 employees.
"We are strongly focused on creating a leading software company in this part of Europe. Despite the current visible business crisis in the IT sector, we recognized the current moment as a good one for developing a strong and stable company with quality business foundations that we can offer to our global clients and, what is especially important to us, to the increasing number of employees of various profiles. We see the acquisition of Clover Studio, which is the result of our buy and build strategy, as a great and complementary addition to our teams, knowledge and expertise we have gained through working with our global references from the pharmaceutical and financial industry, such as Pfizer or Teva," said Nataša Zec., founder and director of Pontis Technology.
"We recognized Pontis Technology as the next step for the further growth and development of the employees of Clover Studio, a company we founded in Croatia on a very similar basis of working on demanding software projects and solutions for global companies," said Ken Yasue, the man who moved to Croatia from Japan 20 years ago and founded Clover Studio in 2011.
Pontis Technology is a Croatian company founded in 2022 by the American investment firm Bridgewest Group and domestic Croatian partners. In addition to the company in Zagreb, Pontis currently has its own branch in Sarajevo, Bosnia and Herzegovina. The MojPosao portal, the biggest job portal in Croatia, declared Pontis Technology as one of the best employers in Croatia in the category of small companies for the year 2023 and awarded it as the best new company in Croatia. The goal of Pontis Technology’s business is to create a worldwide recognizable provider of software solutions.