OnPrem’s expertise in business and technology consulting, especially its focus on the digital media supply chain, hopes to extend the Qvest Group’s portfolio and gain a foothold in the US market.
The Qvest Group, headquartered in Germany, has acquired 55% of the shares in OnPrem Solution Partners LLC, a consultancy firm across the media and entertainment supply chain in the US. The contract was signed on December 2, 2020.
The acquisition brings an experienced team of more than 250 consultants to deliver solutions in areas such as digital media supply chain, IP and rights management, data and analytics, customer experience design, salesforce and programme management/PMO to the Qvest Group.
The partners at OnPrem, Frank Leal, Candice Lu, Christophe Ponsart, Jon Christian, and Vanessa Fiola, along with leadership will continue to build on its relationship with employees and clients.
OnPrem’s expertise in business and technology consulting, especially its focus on the digital media supply chain, hopes to complement and extend the Qvest Group’s portfolio and lay the foundation to gain a foothold in the US market.
For OnPrem, Qvest’s service offerings and global scale will help to meet its clients’ growing needs for architecture design, seamless technology integration and realizing large-scaled media infrastructure projects along the entire digital media value chain.
Headquartered in Los Angeles, with additional offices in New York and Austin, OnPrem is an end-to-end solution provider that strategises, advises, designs and develops technology solutions, leveraging their expertise in content, customers and data for media and entertainment and consumer products industries. OnPrem also has partnerships with technology providers and platforms such as AWS, Salesforce and Microsoft.
Commenting on the acquisition, Peter Nöthen, CEO of the Qvest Group said: “OnPrem strengthens the position of the Qvest Group as a leading partner in digital media, data and cloud management and considerably enhances our capacity to provide clients with added value, scale, and world-class expertise. For Qvest, this is also the steppingstone to the largest market for broadcast & media in the world which significantly raises our international business in technology consultancy and systems integration. Moreover, joining forces with OnPrem enables us to better and directly support worldwide operating clients and it also generates the ground for the growth of our cloud management platform qibb in the US-American market.”
Frank Leal, Partner at OnPrem, added: “The leadership at OnPrem is excited and inspired by our new Qvest partnership. With Qvest’s focus on the media industry and quality and their international presence, there was no better fit for us. This transaction creates a worldwide entity that is a partner to CTOs, CIOs and broadcast engineers everywhere. Most importantly, we were able to join a leadership team with a similar philosophy on culture and talent, providing additional opportunities for our team members and creating an organisation that is home to the best consultants and engineers in the world.”
The Qvest Group has offices across Europe, the Middle East, APAC, and Australia. The company offers capabilities in technology design consultancy and systems integration, software development, cloud engineering, and technical infrastructure operations.