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January 27, 2014 - Los Angeles, California

Today, privately held Avasant (www.avasant.com), the premier global sourcing advisory company, announced a joint agreement with a leading German-based sourcing consulting firm, SEPICON AG (www.sepicon.com). The joint agreement marks Avasant's entry into the German market and continues Avasant's brand and growth strategy. For SEPICON, the relationship will provide a service model for their global subsidiaries and partners.

The strategic relationship between the two firms will help extend the Avasant brand and expertise across Germany, Austria, and Switzerland. Moreover the pact will permit SEPICON, in one bold move, to offer previously unavailable global services to its German-based clientele. This arrangement is exclusive to Avasant and SEPICON.

"I'm very pleased to be collaborating with the SEPICON team. This is truly a symbiotic relationship between two great firms. Avasant's global footprint empowers SEPICON with the ability to offer broad delivery capability and service maturity to clients outside of Germany. In the same vein, this opportunity will permit Avasant to extend its brand across the Central European region." said Avasant CEO Kevin Parikh.

In the relationship, SEPICON will be Avasant's exclusive partner for all consulting activities in Germany, Austria and Switzerland. Avasant will be SEPICON's exclusive consulting partner for all activities outside of Germany, Austria and Switzerland. For Avasant customers with operations in Central Europe, this will provide on the ground delivery capability across all German speaking jurisdictions.

SEPICON CEO and Founder Uwe Kamann says, "We pride ourselves in listening closely to our customers; what we have been hearing from our global clients is the need for a centralized ‘one stop' advisor who can service all regions. Our relationship with Avasant precisely achieves this goal and positions SEPICON with Avasant, the global leader in sourcing and management advisory services."

About Avasant
Avasant, a leading US-headquartered global management consulting firm with areas of expertise in strategic outsourcing, technology consulting, and globalization strategies, has established operations in North America, Asia, Africa and Europe. Headquartered in Los Angeles, California, Avasant's talented team of consultants, lawyers and technologists average over 20 years of industry experience, and have conducted more than 1,000 engagements in over 40 countries. Avasant drives customer value through the use of proprietary consulting and advisory methods, which have been refined over decades of real-world transaction and engagement experience.

SEPICON is a strategic sourcing advisory firm based in Germany, focused on IT sourcing strategy, ICT sourcing advisory and enterprise optimization services for public and private sector customers across Central Europe - Germany, Austria and Switzerland. Based in Dusseldorf with other locations in Rhine-Main Area and Hamburg, SEPICON's experienced consultants and partners are using robust methodologies and document libraries to implement individual sourcing solutions in a fast, very flexible and entrepreneurial client-centric approach.


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