Bain Capital-backed Engineering completed the acquisition of Movilitas.

Bain Capital-backed Engineering Group, one of Europe's largest IT players in the field of digital transformation of both public and private organizations, completed the acquisition of Movilitas, a consulting services and solutions company helping enterprises transform their business to meet the demands of today's dynamic economy. Financial terms were not disclosed. "This acquisition marks a key milestone in the realization of the Engineering Group's strategic vision for Industries eXcellence Global – to build the world's leading organization focused on the digital advancement of the industrial sector, incubating a global team of the most knowledgeable specialists in the world, and capable of delivering end-to-end solutions across the lifecycle of our clients' products and processes. We are incredibly excited to welcome such a talented team of innovators to our digital transformation journey. Together, we will make the future of industry possible," Ettore Soldi, Engineering USA President.