ANSR, a company developing strategic Global Capability Centers (GCCs), has acquired a majority stake in Bengaluru-based Summit Consulting Services.
Summit specializes in building Global Centers for growth stage, mid-sized and Private Equity backed organizations with a focus on leveraging global talent, cost optimization and transforming technology and process functions.
With a strong focus on technology-driven delivery methodology, Summit’s success can be attributed to its speed-to-market and innovative business models, including Basecamp, India’s first GCC incubator at T-Hub, Hyderabad.
“We at Summit see this as a game changer in the mid-market play of the GCC segment. With the resources strength of ANSR and lean best practices at Summit, we are better positioned to deliver enhanced and comprehensive solutions to our clients,” said Sandeep Sharma, Founder & CEO, Summit Consulting Services
“Mid-market companies are driving a post-COVID GCC boom. With over 240 centers from these firms launched in the last four years, they comprise 60% of all new GCCs today. This rapid expansion underscores the strong confidence business leaders and investors have in the strategic value these centers offer. By bringing Summit Consulting Services on board, we are further expanding our solutions to better serve the unique needs of mid-sized GCCs as they scale their operations,” said Vikram Ahuja, Co-Founder, ANSR and CEO, Talent500.
ANSR, an Accel and Accenture portfolio company, helps organizations build, manage, and scale high-performing teams through Global Capability Centers (GCCs). ANSR has successfully established over 135 GCCs, comprising 180k professionals, with more than $2 billion in investments across 12 million square feet of workspace.
Recently ANSR has also acquired hrEntries, a Human Capital Management system (HCM) platform, in an all-stock deal.
Summit Consulting Services, established in late 2022, empowers mid-market global corporations with comprehensive GCC solutions, from design and build to scaling and transformation. Summit’s unique offering includes Summit Basecamp, a GCC incubator located at T-Hub, providing a launchpad for innovative GCC development.
