Rolta acquires US-based TUSC for $45mn

CIOL Bureau
New Update

MUMBAI, INDIA: IT solutions provider Rolta today announced the acquisition of Broech Corporation (TUSC), an IT consulting company for approximately $45 million.


KK Singh, chairman and CEO of the Rolta group, said, "This brings into the Rolta fold, a company that has strategic maturity, exceptional technology, commendable work ethic, established branding and a strong portfolio of high-end consulting services. We will now be able to provide enterprise level solutions to our customers worldwide, thereby increasing the value for our stakeholders."

This is the second acquisition by Rolta in a span of six months and will leverage its existing competencies in the GeoSpatial and Engineering domains, Rolta said in a release.

The founders of TUSC, Rich Niemiec, Joe Trezzo and Brad Brown, will continue to lead the company.

TUSC is headquartered in Chicago, with excellence centers and offices across the US.

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