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Capco history
Capco company history timeline
Capco was founded in Belgium in 1998 by Rob Heyvaert as 'The Capital Markets Company NV', with offices in Antwerp, London, New York, and Frankfurt.
In 1999, Capco opened an office in Paris, France.
In 2000, a round of strategic investment led by Thomas Weisel Capital Partners enabled the company to expand its European and international presence with additional offices in Europe, North America and Asia.
In 2001, the company rebranded to Capco, and the first issue of the Capco Journal of Financial Transformation was published by The Capco Institute.
In 2004, Capco established a presence in the German market.
Capco opened its Toronto office in 2005 to serve clients in the Canadian market.
In 2006 Symphony Technology Group (a private equity firm based in Palo Alto, California, United States) and Capco management purchased all outstanding shares in the company.
In 2007, Capco acquired British-based City Practitioners Limited for an undisclosed sum.
In 2009 Capco opened offices in Chicago and Washington, D.C., growing from 75 to 475 employees in North America in a little over a year.
Also during 2010, Capco opened offices in Amsterdam (the Netherlands), and Zurich (Switzerland). At that time, Capco totaled 13 offices worldwide with a presence on three continents.
In 2010, Fidelity National Information Services (FIS) signed a deal with Symphony Technology Group to buy Capco for approximately $300 million.
Capco opened a Johannesburg, South Africa, office in 2011.
In 2012 Capco opened its sixteenth office with a Slovakia-based nearshore center in Bratislava to complement its India-based offshore operations.
In January 2013, Capco opened an onshore delivery center, located in Orlando, Florida, to supply financial institutions with commodity technology services.
In 2014, Capco opened a Hong Kong office as the hub for its business across the Asia-Pacific region.
In 2015, FIS acquired SunGard, whose complementary offerings brought FIS into new markets for financial technology services, including asset managers, traders, custodians, treasurers, third-party administrators and clearing agents.
In 2015, Rob Heyvaert left Capco with Lance Levy taking over as Capco CEO.
In 2017, FIS sold a majority stake in Capco to Clayton, Dubilier & Rice (CD&R), a private equity firm based in New York, making Capco an independent company again.
In October 2019, Capco acquired Atom Solutions, a Houston-based IT firm.
In March 2020, Capco acquired Germany-based digital consultancy Creative Construction.
On 4 March 2021, Wipro announced that it had acquired Capco for US$1.45 billion.
©2022 FIS. Advancing the way the world pays, banks and invests™
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Capco competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Deloitte | 1845 | $50.2B | 334,800 | 23,370 |
| Protiviti | 2002 | $1.3B | 5,000 | 192 |
| Pwc | 1849 | $45.1B | 295,000 | 15,491 |
| Accenture | 1989 | $64.9B | 674,000 | 24,551 |
| Navigant Consulting | 1983 | $743.6M | 5,500 | - |
| PA Consulting | 1943 | $159.3M | 3,300 | 21 |
| Information Controls | 1986 | $80.0M | 500 | - |
| Lumetra Healthcare Solutions | 1984 | $5.0M | 50 | - |
| BGRS | 1998 | $125.0M | 900 | - |
| Faithful+Gould | 1947 | $430.0M | 1,131 | - |
Capco history FAQs
Zippia gives an in-depth look into the details of Capco, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Capco. The employee data is based on information from people who have self-reported their past or current employments at Capco. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Capco. The data presented on this page does not represent the view of Capco and its employees or that of Zippia.
Capco may also be known as or be related to Capco and The Capital Markets Company.