NEW YORK – Novantas LLC today announced the acquisition of Demand Technology Group, Inc. (DTC), a Toronto-based technology development company that provides User Interface and Database development services to the consulting and financial industries.
DTC had been a long term vendor to Novantas, providing contractor and technology-based services as Novantas developed the Bank Administrative Institute National Benchmarking Business. As Novantas continued to expand its information services and solutions business, DTC provided an attractive opportunity to increase its technology skilled resources with known professionals. Novantas will integrate DTC operations in its existing Toronto office.
“We have worked closely with Pete Deschamp and the DTC team for years and always admired their commitment to quality, speed and efficiency,” said Dave Kaytes, Managing Partner, Novantas. “We are delighted that we are now all part of the same organization.”
“Novantas is clearly the leader in Financial Services consulting, and increasingly a powerhouse in Solutions as well,” said Pete Deschamp, CEO of Demand Technology Corp. “We are excited to be a part this important business expansion.”
Pete Deschamp will join Novantas as a Director and manage the applications development team for pricing, benchmarking, distribution and adaptive dialogue solutions and products.
Novantas is the acknowledged leader in customer science and revenue strategy in the financial services industry. The Firm specializes in investigating and interpreting customer behaviors, attitudes and needs in ways that help companies to refine marketing decisions, customer strategies, and sales and service activities. Novantas provides its services across Consulting, Solutions, and Research.