Berytech Fund engaged in a strategic partnership with BSynchro few days after the latter celebrated its sixth anniversary this August, acquiring an approximate 35% stake in the company that became part of its innovative portfolio of ICT companies.

This partnership along with BSynchro’s 6 years of experience will allow the company to sustain its growth and expand technologically as well as commercially its portfolio of products and services.

BSynchro works on revolutionizing the way business applications are developed and proposing solutions easy to use, quick to be adopted and most of all with the ambition to enable companies’ owners and stakeholders to realize profits and surpass their competitors.
Boosted by this new partnership with Berytech Fund, BSynchro is ready to advance much more into innovation, new technologies, user experience and build solutions to change how people are doing business.

Commenting on this partnership, Mr. Michel Chammas, CEO of BSynchro, declared: “We are proud today to announce this partnership with a fund that shares with us the same faith and vision. Together we believe that from the same shore that exported the alphabet to the world thousands of years ago Lebanon can continue exporting innovation and can be a leading player in the ICT world.“

“Thanks to the achievements of innovative and technology-driven enterprises such as BSynchro, said Mr. Maroun Chammas, Chairman of the Berytech Fund, Lebanon is becoming rapidly a show-case for ICT solutions. BSynchro has demonstrated it can be a world-player in business applications, and through the fund’s investment, this ambition will be accelerated.”

BSynchro started up in 2005 from Berytech with five collaborators now exceeding more than thirty-five employees, which compelled it to seek office space outside the pole. It serves around fifty customers in the MENA region, with new Business Intelligence projects servicing the USA.

Visit http://www.bsynchro.com for details