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Home Deal Announcements

ThoughtFocus Acquires BreakFree Solutions

byIan Koplin
February 15, 2023
in Deal Announcements

ThoughtFocus, a global provider of digital services and technology-enabled digital operations focused primarily on the financial services end market, acquired BreakFree Solutions.

Headquartered in Chicago, BreakFree provides digital services to enterprise customers in the financial services sector. BreakFree’s U.S.-based workforce uses its expertise in product development, cloud enablement and DevOps implementation, to support its clients’ most critical and strategic digital initiatives.

“BreakFree has a strong reputation with enterprise customers for delivering high quality service and successful outcomes,” Shylesh Krishnan, CEO of ThoughtFocus, said. “We have ambitious plans for growth and BreakFree’s expertise will help to accelerate our strategy to expand ThoughtFocus’ digital services capability even deeper into the financial services sector.”

“We are excited to join the ThoughtFocus team,” Mitch Northcutt, president and CEO of BreakFree, said. “We share ThoughtFocus’ commitment to customer growth and satisfaction. Through this partnership, we will be able to offer end-to-end solutions to our clients, and our employees will have greater opportunities for career growth and development.”

“We are excited to be partnering with Mitch and the entire BreakFree team,” Kevin Van Culin, managing director at H.I.G. Capital and a ThoughtFocus Board Member, said. “This partnership will further establish ThoughtFocus as a leading provider of digital services in the financial services sector.”

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