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PolSource

Company

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Owners:
EPAM Systems

Content

Number of employees
2020 year
350

Owners

PolSource is an American consulting company specializing in the implementation of the CRM system Salesforce. By May 2021, about 350 specialists are engaged in integrating these products into the PolSource. PolSource operates in EMEA, Americas, and includes retail, automotive, healthcare, manufacturing, and IT companies. The company was founded by CEO Adam Bartkowski, who was operating by May 2021.

PolSource is a "platinum" partner of Salesforce and has more than 1 thousand Salesforce certificates. The company has received 14 AppExchange Navigator Specialist & Expert awards and is an active member of six Salesforce partner advisory boards.

History

2021: Epam bought PolSource

In May 2021, Epam announced the purchase of PolSource. The deal is scheduled to close in the second fiscal quarter. It must first be approved by regulators.

Under the terms of the agreement, a team of PolSource executives and hundreds of Salesforce product specialists will move to Epam. At the close of the transaction, Epam will pay PolSource for the acquisition of the company $111.8 million. Epam can also pay up to $45 million, depending on the financial performance of the company sold. Thus, the total transaction amount will be up to $157 million.

Epam acquired PolSource

In addition, Epam reserved for management PolSource "restricted stock unit" in the amount of $12.8 million and additional RSU $2.2 million, the payment of which will depend on the achievement of certain goals by the company being acquired.

According to the press release, the PolSource expertise covers the Salesforce Customer 360 platform (including Sales, Service, Marketing and Commerce solutions) and Salesforce key projects in areas such as artificial intelligence, data analysis, integration, mobile technologies and user interface.[1]

Notes