Publicis Groupe announced the acquisition of Tremend, one of the fastest-growing and largest independent software engineering companies in Central and Eastern Europe. Tremend currently reaches 60 million of its clients’ end-users with its proven technology and will serve as the newest global delivery center for Publicis Sapient.
“We’re impressed with the Tremend team’s vision, the breadth of its skillset and capabilities around agile engineering, and its deep industry expertise. Bringing Tremend into Publicis Sapient is a powerful expansion of our global distributed delivery model and we expect to rapidly grow headcount to 2,500 people by 2025 as well as our geographic footprint in the region,” said Nigel Vaz, CEO of Publicis Sapient.
Based in Bucharest, Romania, Tremend was founded in 2005 by Ioan Cocan and Marius Hanganu and serves a large and diverse client base that includes companies such as Carrefour, ING, and Orange. With over 16 years of experience in product engineering, Tremend has over 650 strong software engineering talent across high-demand skills.
Tremend implemented over 700 large projects for top companies in industries such as finance, telecom, banking, automotive, and public services.
“At Tremend, our purpose has always been to engineer the best products through our amazing team for our partners and to better manage disruptions, accelerate growth and add new value to their brands in today’s rapidly changing world,” said Tremend founders Ioan Cocan and Marius Hanganu.
“In a context of growing demand for digital business transformation, Publicis Groupe is scaling its expertise in Europe to better serve its clients and help them win in commerce. The addition of Tremend will expand Publicis Sapient’s agile engineering capabilities and diversify its geographic footprint. After the innovative joint venture launched with SCB in December in Southeast Asia, this is a new step in the international expansion of Publicis Sapient,” said Arthur Sadoun, Chairman, and CEO of Publicis Groupe.
Publicis Sapient is the digital business transformation hub of Publicis Groupe with 20,000 people and over 50 offices worldwide.
The transaction remains subject to customary approvals by the relevant competition authority.
Publicis Groupe is a global leader in communication. The Groupe relies on ten expertise concentrated within four main activities: Communication, Media, Data, and Technology. Present in over 100 countries, Publicis Groupe employs around 80,000 professionals.