September 2, 2021
GCA advises Robosoft on its sale to TechnoPro
GCA is pleased to announce that our client, Robosoft Technologies (“Robosoft” or “Company”), a leading provider of digital transformation solutions for enterprises, announced today the signing of definitive agreement with TechnoPro Holdings, Inc. (“TechnoPro”) for the sale of a 100% stake in the Company. Robosoft will continue to be led by its current management team, headed by Chief Executive Officer Ravi Teja Bommireddipalli, who is also being elevated to Managing Director and CEO.
Robosoft is a full-service digital transformation company with its mission to Simplify Lives. The Company offers end-to-end solutions in product advisory, design, engineering and analytics. With over two decades of experience in digital platform development, Robosoft has been instrumental in bringing alive technologies which have changed the way consumers engage online.
“Robosoft has had a phenomenal journey over the last two decades and has grown by leaps and bounds during this period. The partnership with Ascent Capital and Kalaari Capital heralded a strong growth era for us, and I am very happy that we are handing over the reins of the company to a global player like TechnoPro,” said Rohith Bhat, Founder & Managing Director of Robosoft.
“TechnoPro is delighted to invest in Robosoft, an innovative leader in the Digital Transformation space. We are excited by Robosoft’s rapid growth, strong leadership team, expertise in emerging technologies and deeply integrated customer relationships. We look forward to a close collaboration with Robosoft in the company’s next phase of growth and see tremendous synergies between TechnoPro and Robosoft,” said Takeshi Yagi, President, Representative Director and CEO of TechnoPro.
“This transaction represents a strategic evolution for Robosoft and a unique opportunity to take our business to new heights at a time of accelerating digital adoption. The partnership with TechnoPro will provide us new opportunities to grow in Japan, which is on a path of digital transformation, while continuing to expand in our core markets of the US, Europe and India through our unique ‘Emotional Design Thinking’ approach. This is a strong validation of Robosoft’s vision and strategy and our strong track record. We will continue to innovate and drive digital transformation for our clients worldwide,” said Ravi Teja Bommireddipalli, CEO of Robosoft.