Alfresco Software Buys Long-Time Partner TSG

Alfresco Software, an open source content services provider, has acquired long-term partner Technology Services Group (TSG), an enterprise content management software and services firm.

TSG provides advice, services and solutions, including strategic advisory, application development, software engineering and software products to clients in North America. It has been an Alfresco partner since 2006.

Alfresco provides cloud-native content services, including content management, process and governance capabilities, with AI and ML that extracts business insights from content. Terms of the acquisition weren’t disclosed.

Alfresco’s Jennifer Smith

Jennifer Smith, Alfresco’s chief marketing officer, tells us the acquisition was a “natural evolution as there are many synergies between the two organizations and their product offerings.”

“TSG has developed no-code case management, collaborative annotation, redaction, migration and massive scale solutions that will soon be available for Alfresco’s channels to further market,” she said. “TSG also offers extensive vertical solution expertise within the insurance (health and personal), manufacturing, life sciences, compliance [and] archival market segments.”

The acquisition is providing more technical expertise to enable Alfresco representatives and partners to get closer to customers’ business challenges, Smith said.

“It enables Alfresco to get closer to our customers and adds packaged solutions on the digital business platform,” she said.

TSG doesn’t have channel partners, Smith said.

“For the foreseeable future, TSG will operate independently,” Smith said. “Our goal is to ensure that the integration is completed without distracting from the day-to-day business. We expect to release Alfresco versions of some TSG products at the beginning of the summer and are evaluating them now. We will also review opportunities to leverage TSG’s expertise across our global customer base as well.”

“We are tremendously excited about the new opportunities that we will be able to bring to our clients and our employees by becoming part of Alfresco,” said Dave Giordano, TSG’s owner and founder. “Joining Alfresco allows us to continue to offer our products, solutions and services to all of our current clients as well as additional Alfresco customers, backed by the strength and support of a globally recognized leader in the content services market”