Zenitech provides advanced software development and engineering services, with a focus on building and scaling mission-critical products and systems for blue-chip clients. The company empowers its clients to future-proof their businesses by providing end-to-end digital transformation capabilities to create new digital products, increase revenue and market share, streamline operations and reduce costs.
In May 2022, Zenitech agreed to acquire Autsoft, a Hungarian-based provider of software and technology development services. The acquisition of Autsoft added c.150 people with complementary skills to Zenitech’s growing team in Hungary, bringing the total number of employees at Zenitech to over 520, up from around 200 at the time of Sovereign's original investment. It also supports Zenitech's strategy to expand into Hungary, having launched a technology centre in Miskolc in 2021.
Sovereign has backed the founders of the business Christopher Lacy-Hulbert, formerly Director of Engineering at Yahoo, and Edward Batrouni, previously Senior Head of Technology Outsourcing at Betfair. The team have a deep level of industry experience and a proven track record of delivering their strategic plans.
Back to Investments
