Continuing on its growth trajectory: The HyPlus Group expands through the acquisition of Sinapsys Nearshore SRL

Braunschweig/Ratingen | July 2, 2024

The custom software provider HyPlus has acquired the Romanian company Sinapsys Nearshore SRL. With this acquisition, the HyPlus Group now has an additional nearshore location in Romania, in addition to its existing sites in Poland, Lithuania, and India. The goal is to further expand the Group’s capabilities for both existing and new customers through these additional nearshore capacities and targeted enhancements to its service and technology portfolio.

Sinapsys, based in Cluj-Napoca, Romania, and comprising a team of more than 40 employees, is an IT solutions provider specializing in software development and managed services. Following its founding in 2021, Sinapsys will become a full-fledged member of the HyPlus Group through this acquisition.

As a specialist in custom software, the HyPlus Group helps clients from a variety of industries—including the automotive, retail, financial, and insurance sectors, as well as public sector clients—to drive digital transformation through customized software solutions. The company’s more than 900 employees work at multiple locations in Germany, Poland, Lithuania, India, and now Romania as well.

The HyPlus Group’s broad portfolio of solutions and technologies—which focuses on software development, consulting, and data analytics—is being expanded through the acquisition of Sinapsys to include highly sought-after expertise in areas such as mainframe COBOL development. In addition, the addition of Sinapsys provides access to an attractive market for highly skilled IT talent with proficiency in both German and English.

The acquisition thus represents another important step toward further strengthening the Group’s existing technological capabilities. Having ranked 16th among Germany’s leading mid-sized IT consulting and systems integration companies right from the start—its first attempt since its founding (source: Lünendonk List 2024)—the HyPlus Group is now further enhancing its competitiveness through these additional shoring capabilities.

The Sinapsys management team, led by co-founder Titus Mic, will remain with the company and, together with the management of the HyPlus Group, continue the group’s success story.

“We have already worked very successfully with Sinapsys on various projects, which has allowed us to see not only their capabilities but also how well they fit into our culture. I am very pleased about this further boost to our capabilities. A warm welcome to Titus and the entire Sinapsys team!” says Rolf Pasel, CEO of the HyPlus Group.

“Over the past few years, Sinapsys has established itself in the market as a strategic nearshore IT partner with an attractive portfolio of services. We view the merger with the HyPlus Group as a natural step in our company’s history. We have already successfully initiated and managed joint projects and are therefore firmly convinced that our expertise and experience will help drive the group’s growth and enable us to make history together. We are especially looking forward to working with Rolf and all our colleagues at HyPlus. Let’s go!” says Titus Mic, co-founder of Sinapsys Nearshore SRL.

background_expert_hour

Press Contact

Do you have questions about our company or our solutions?

We'd be happy to help.

Dr. Sarah Schütmaat

Head of Marketing, HyPlus Group

Dr. Sarah Schütmaat

Head of Marketing, HyPlus Group

✕