The Avenga story is not just one of growth. It’s one of vision, discipline, and a belief that bold moves, backed by expertise, can transform industries.
In 2019, KKCG identified a strategic opportunity: the growing demand for digital transformation across industries, coupled with the fragmented nature of the IT services market in Europe. What began with the acquisition of Czech software company Cleverlance quickly evolved into a focused investment strategy, one that today forms the foundation of KKCG’s technology pillar under the unified Avenga brand.
“IT services are a fragmented field, and scale plays a big role for clients. Once you reach a certain size, you can invest in talent, technology, and win large-scale projects.”
Over the course of five years, KKCG acquired a series of companies across Europe, from Macedonia to Sweden, each with deep local expertise and sector-specific strengths. In late 2023, the acquisition of German-based Avenga marked a turning point. Not only did it grant KKCG access to the DACH market, it also brought in development teams in Poland, Ukraine, and Argentina.
Rather than continue operating as a group of independently managed firms, KKCG made a bold decision: to integrate all acquisitions under the Avenga name, forming a single, scalable global platform with more than 6,000 employees, €400 million in revenue, and a robust footprint across Europe, the US, and Latin America.
At the heart of Avenga’s value proposition is nearshoring, providing high-quality IT services from geographically and culturally close locations to demanding Western markets. It’s an alternative to offshore outsourcing in faraway regions, and one that resonates with sectors undergoing intense digital change, such as finance, telecom, automotive, and healthcare.
This model enables Avenga to deliver custom software development, IT consulting, and system integration with speed, proximity, and efficiency. Today, 75% of its revenues come from European clients, with the remaining 25% from the US.
As the technology pillar within KKCG, Avenga benefits not only from access to capital, but from the group’s experience in scaling businesses across traditional and disruptive sectors alike. The collaboration is both operational and strategic, from shared know-how in integration to expertise in navigating complex regulatory landscapes and long-term brand building.
KKCG’s ability to spot underutilized potential, inject strategic capital, and unify diverse capabilities into a single global brand has created a new leader in European IT services. What began as a set of acquisitions is now a cohesive, ambitious and innovation-driven tech business, one that reflects KKCG’s core values: responsibility, respect, stability, courage, and innovation.