|
| |
|
|
|
|
Freeborders Announces Landmark Partnership with Expedia
Venture creates largest application development and maintenance service relationship in China IT industry history
Freeborders’ growing client list includes top global financial institutions
 We are pleased to announce that FTVentures portfolio company Freeborders, the leading provider of information technology solutions developed in China and delivered to global clients based in North America, has partnered with Expedia, the world’s leading online travel agency. The partnership will create a technology development center for Expedia in China, enabling Expedia to enhance its core platforms and services and increase its agility as the Company continues to expand its global footprint.
With this partnership, Freeborders and Expedia are working together to build a global delivery team that could expand the Freeborders organization by more than 400 China-based IT professionals over approximately four years. This multi-year contract marks the largest application development and maintenance (ADM) transaction being led and delivered by IT professionals and infrastructure based in China. Freeborders’ attention to delivering world-class processes with advanced maturity levels (CMMI Level 5) and IT security (ISO 27001) is creating an environment that is expected to result in a greater geographic balance between China and India for major ADM assignments.
Freeborders has commercial relationships with some of the largest global financial institutions including FTVentures’ Limited Partners Bank of America, BNP Paribas, Credit Suisse and a division of GE. Clients are attracted to Freeborders’ highly differentiated Global Delivery Model CHINDUSSM which has been recognized by business analysts for its robust, efficient methodologies.
If you are interested in learning more about Freeborders and its IT outsourcing operations, please contact:
Brad Bernstein bbernstein@ftventures.com or 212-682-4441
Chris Winship cwinship@ftventures.com or 415-229-3012
Capital H Group Acquires UK-Based Centre for High Performance Development
Leadership Development Consultancy firm features blue chip clients
including Microsoft and American Express
 FTVentures portfolio company Capital H Group, a rapidly expanding human capital consulting firm, has acquired the UK-based Centre for High Performance Development (CHPD). The combined firm will offer a broad array of talent-related services including leadership development, change management, workforce planning, performance
management and HR process improvement.
CHPD has a stellar client list including Microsoft and American Express. CHPD works with organizations from a wide variety of industry sectors; almost 20 percent of FTSE 100 organizations have benefited from the Company’s expertise in talent management and people development. The CHPD database of more than 10,000 leadership profiles is recognized as one of the foremost benchmarking tools for developing future leaders and has been effectively utilized by corporate clients, including many in the financial sector around the world.
Capital H Group has successfully partnered with financial institutions including Bank of America, Merrill Lynch Global Commodities and LaSalle Bank (now part of Bank of America).
If you are interested in learning more about Capital H Group, CHPD and their human capital consulting capabilities, please contact:
Chris Winship cwinship@ftventures.com or 415-229-3012
San
Francisco
555 California
Street
Suite
2900
San Francisco, CA 94104
Phone
415-229-3000
Fax 415-229-3005
info@ftventures.com
|
New
York
540 Madison
Avenue
Suite
2600
New York, NY 10022
Phone
212-682-4800
Fax 212-682-4480
|
|
|
|
|
|
|
|
|
FTVentures provides capital to growth companies to finance organic expansion, recapitalizations, buyouts and build-ups. We invest in software and business services companies that derive value from our unmatched Global Partner Network, which includes 40 of the world's leading financial institutions. Our Global Partner Network provides us with a unique vantage point into the business driven IT and operating challenges of the global enterprise. Founded in 1998, FTVentures currently has over $850 million under management with offices in San Francisco and New York. For
more information, please visit www.ftventures.com |
|
|
|
|