Tietoevry Acquires Mentormate To Expand North American Customer Base And Global Digital Engineering Capabilities Of Its Create Business

Tietoevry has acquired MentorMate, a digital engineering company headquartered in Minneapolis, US, from its current owner Taylor Corporation. MentorMate plays a key role in driving customers' digital agenda with its strategy, design, and engineering capabilities. MentorMate employs more than 1000 employees in Bulgaria, Paraguay, and the US, providing advanced digital engineering services, human-centered design, data, and AI capabilities to its customers in North America and Europe. MentorMate is one of the leading technology employers in Bulgaria with ~900 employees. In 2022 MentorMate revenues were USD 65 million, growing at ~40% and profitability accretive to Tietoevry Create.