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Fresche Solutions company logo
Corporation
SOFTWARE (NON-INTERNET/MOBILE) | Business Intelligence, Analytics & Performance Mgmt Software
freschesolutions.com

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Founded Year

1976

Stage

Acq - Fin | Alive

Total Raised

$66M

Mosaic Score

+130 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Fresche Solutions

Fresche Solutions helps enterprise organizations transform their businesses to improve financial performance, increase market competitiveness, remove risk, and add business value. The company's team of experts helps organizations future-proof their business by modernizing their business processes, technologies, infrastructure, and methodologies. Fresche Legacy's services and solutions span the complete legacy management spectrum from concept to maintenance and include Discovery Services, Modernization Solutions, and Application Management Services and Transformation.

Fresche Solutions Headquarter Location

995 Wellington Street Suite #200

Montreal, Quebec, H3C 1V3,

Canada

514-747-7007

Latest Fresche Solutions News

Fresche Solutions Acquires Abacus, Becomes the World’s First IBM i Cloud, Managed Services and Application Modernization Solution Provider

Sep 30, 2021

Pre-owned IBM i hardware “We’re thrilled to welcome Abacus to the Fresche family! The number of customers that are looking to us for help and guidance on their way to the cloud is growing at an unprecedented rate. With the cloud and managed services industry expected to reach $791B by 2028, companies are actively looking for flexible and innovative solutions to enable their digital transformation,” says Stephen Woodard, CEO of Fresche. “Our modernization expertise, development capabilities, and automated solutions pair extremely well with Abacus’ impressive cloud and managed services solutions and present an ideal pathway forward for IBM i customers.” “Fresche’s acquisition of Abacus illustrates our vested interest to provide customers with more value through the support of their IBM i applications,” said Patrick Schutz, Abacus Solutions. “We understand hardware, infrastructure, networking, cloud, and how to manage and upgrade IBM i environments. Our customers need help with aging applications, legacy languages, building strategic roadmaps, addressing skill gaps, and establishing a path forward. Fresche brings decades of experience in modernizing IBM i applications, an incredible portfolio of automated tools, and an amazing team of professionals. Fresche has established themselves as a brand to be reckoned with in the IBM i community and we are honored to join the Fresche team.” American Pacific Group (APG), the private equity firm that backs Fresche commented, “We are excited about the future of Fresche with Abacus. This most recent acquisition aligns with our vision for the market and our growth strategy. We will continue to invest in new technologies and data center capabilities to expand our brand’s global footprint and build on our market position through further acquisitions of ancillary brands within the IBM i space,” said Fraser Preston, Managing Partner at APG. Abacus will become a division of Fresche and continue to operate and do business under its current name. Fresche, which will remain headquartered in Montreal, Canada, will assume Abacus office presence in Marietta, Georgia, to expand its North American and international footprint. Says Stephen Woodard, “Given our mutual obsession with client success and how Abacus’ clients absolutely rave about them, we knew this was a natural fit. Together, we now offer end-to-end solutions that support the full IBM i lifecycle and are strategically positioned to help customers worldwide. I am very excited about this next phase of our growth.” For more about Fresche Solutions, please visit  www.freschesolutions.com or contact info@freschesolutions.com. To discuss this press release, please see the contact information below. About Fresche Solutions Fresche is the world’s largest end-to-end provider of IBM i solutions and the premier modernization and transformation partner for thousands of companies that rely on mission-critical IBM Power Systems IBM i applications. Our modernization, development, cloud, and managed services—combined with automated tooling—allows us to deliver innovative solutions that bring our clients the best, boldest ways to transform their business and IT. Our professionals combine fresh thinking with technology and business expertise that fuels transformation and growth for our clients and their customers. We do this by leveraging our clients’ best IT assets to take advantage of digital solutions including web, mobile, and cloud– reducing time to market, lowering risk and cost, and making modernization and IT innovation affordable to every IBM i client on the planet. For more information about our company, visit us on the web at  www.freschesolutions.com About Abacus  Abacus Solutions is one of the largest, and growing, IBM i platform-focused providers of cloud, hardware, business continuity, and managed services. Whether they call it AS/400, IBM iSeries, System i, or IBM Power systems, businesses partner with Abacus because our team of experts can assist with everything up to the application level for this unique platform. Our multiple data centers combined with an IBM-certified sales and support team allows us to tailor our IT solutions to the specific needs of our customers. For more information about our service offerings, please visit our website at www.abacusllc.com . At Abacus Solutions, We Get IT. For further details, please contact: Christine McDowell, Fresche Solutions

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