Dynamo Software Buys Q-Biz Solutions

Dynamo Software, a company started in Bulgaria in 1998, bought the Boston-based Q-Biz Solutions after years of cooperation between the two firms. Both companies are working on cloud-based tools for investment control and customer relations.

Dynamo’s CEO Hank Boughner said: “We are excited to welcome the Q-Biz team to the Dynamo family. Their strengths are a perfect complement to Dynamo’s solutions, and we look forward to joining forces to serve an industry seeking software and service solutions that streamline their front, middle and back-office operations. Importantly, Jayne Thompson and Nield Montgomery are recognized experts in the industry, with deep expertise in building software for the finance and accounting needs of private equity firms. We are thrilled they are joining our team as they continue to scale the Q-Biz platform.”

Dynamo Software started out as “Netage Solutions,” a firm for creating custom websites. The company then moved into creating customer relationship management systems for the investment world.

Alex Dimchev

Alex Dimchev is a writer, editor, and weapons master for EUscoop.com

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