ThoughtFocus, Inc. ("ThoughtFocus" or the "Company"), a leading global provider of technology-enabled digital operations for the manufacturing, higher education, and financial services industries, is delighted to announce that H.I.G. Capital ("H.I.G.") has made a growth investment in the company. With $52 billion in equity money under management, H.I.G. is a top global alternative investment firm. The growth investment is intended to hasten ThoughtFocus' acquisition of additional businesses as well as its organic growth into a leading provider of digital services on a worldwide scale.
With operations in 5 different countries, ThoughtFocus employs approximately 2,100 people. With a focus on the US market, it provides services to clients worldwide. The company supports clients' rapid digital transformation journeys through a portfolio of solutions and accelerators. The Company approaches digital transformation holistically and secures business outcomes through a combination of its digital operations, technology, and in-depth subject matter knowledge.
Suman Atreya, Rajiv Goyal, and Shylesh Krishnan, the company's founders, expressed their enthusiasm for this relationship with H.I.G. "This investment from H.I.G. Capital was carefully selected to coincide with the future vision of the Company," they claimed in a statement. It is timely since we have committed to 'A Better Future Faster' for both ourselves and our clients. The Company has big expansion goals, and our agreement with H.I.G. puts us on an expedited route to becoming a major international provider of digital services.