Boutique automation consulting firms Black Belt Solutions and ImageTech Systems have merged. The transaction was facilitated by US-base private equity firms CAVU Capital and Caprice Capital Partners.
Black Belt Solutions was founded in 2020 and provides turnkey solutions for business process improvement, business process automation, business intelligence, and project management. The Tampa-based firm’s technology partners include Microsoft, Salesforce, Oracle, Marketo, and Tableau.
ImageTech was founded in 1994 as a specialist in document-centric business processes for financial services, manufacturing, and government. The Mechanicsburg, PA-based firm provides consulting and migration services for enterprise content management (EPM) and intelligent process automation platforms, supporting products from IBM, Microsoft, and Kofax.
Both companies have under 10 employees, according to LinkedIn.
Kevin Schaal, founder of Black Belt, will become CEO of the combined entity. RJ Oommen, founder of ImageTech, will serve in a strategic advisory role.
“ImageTech and Black Belt have each built a strong reputation in the industry as providers of high-value professional client services. With complementary capabilities, together we will deliver a wide range of critical process automation and robotics solutions to a diverse client base,” said Oommen.
The merged company will aim to capitalize on continuing growth in demand for automation tools and processes. The enterprise work industry is projected to grow to 30% CAGR in the next five years.
“This an exciting time in our industry and with our combined technical expertise in robotics and Intelligent Process Animation we are now well positioned for market expansion,” said Schaal. “I am proud to lead our newly combined team towards future success.”
Barry Shevlin, CEO of CAVU Capital, added, “We’re very bullish on the Robotic Process Automation space and we’re proud to have helped launch and grow Black Belt Solutions from its start. Supporting Black Belt Solutions’ merger with ImageTech was an easy decision and we look forward to continuing our support of the combined entity as it becomes an even bigger player in the Intelligent Automation space.”