Technology Business Strategy (BST)

History

2022: Acquisition of a stake by the Maxima Group of Companies

On July 7, 2022, the Maxima Group of Companies announced the entry into the market of projects to automate financial and economic activities using enterprise management systems on the 1C platform. Maxima plans to significantly expand its existing IT competencies by developing strategic partnerships with players in the market of domestic ERP systems and attracting the best professionals with specialized expertise.

The entry into the market of domestic ERP solutions was a logical step in the development of the Maxim group of companies and corresponds to the strategy of expanding technological competencies for the implementation of business applications, in particular, in the segment of domestic IT solutions for the automation of business processes and enterprise management. The first step in this direction was the acquisition of a 50.1% stake in Business Strategy Technology LLC (BST).

Due to the departure of a number of foreign ERP ERP systems vendors, customers feel an urgent need for Russian platforms. We see great market potential and increased demand for domestic enterprise management products that cover all levels of business process automation. Combining the strategy of acquiring assets and attracting the best specialists to the team, we expect to form a leading competence in Russian ERP solutions. BST has proven experience in implementing projects to introduce customers into the IT landscape and support applications based on the 1C platform. Thanks to the deal, we expect to consistently develop expertise on the implementation of enterprise management systems, covering the needs of the commercial and public sector in key sectors of the market, "said Sergey Aslanyan, Chairman of the Board of Directors of the Maxima Group of Companies.

The parties plan to combine competencies for joint implementation of projects using the resources of the BST and the practice of process automation and enterprise resource management systems created in Maxim. As a result of the transaction, Maxim will expand its product offer by accessing the best industry standards for the implementation of the 1C platform. BST will have access to the Maxima customer pool and expertise on comprehensive digitalization.

In the course of the transaction, we combine the experience, resources and competencies of the two companies. Earlier, BST and the Maxima group of companies have already collaborated in a number of areas and presales. We were able to make sure that our employees were highly qualified, understood the business processes of their target customers and knew the products of the 1C platform. This has become key factors in the transition of our partnership to the next stage of development, "said Artur Latypov, founder of BST.