Former CEO and founder Rob Carpenter has stepped down and will transition out of his leadership role, but he will remain with AppIt with the title of founder.
Based in Denver, AppIt specializes in custom mobile application development and has added additional service lines in custom web application development, custom integrations, enterprise application and database development and technology consulting services.
AppIt Ventures is a Denver-based, full-service custom software development company that focuses on achieving their clients' business goals through thoughtful architecture, design and quality development.
Following the acquisition, AppIt Ventures will establish its first European operation and office in London.
AppIt Ventures will purchase all of The App Geeks' customer and employee contracts and create a new company, called AppIt Ventures Ltd.
The new company will take over software development and be a direct subsidiary of AppIt Ventures, LLC.
Rahul Joshi, CEO of The App Geeks, will remain part of the new company, AppIt Ventures Ltd., as Head of European Operations.
"I am excited to join AppIt Ventures to champion its excellence in app development and I look forward to fueling AppIt Ventures' explosive growth through close partnership between marketing and sales, thought leadership, and a commitment to challenge what's possible in software development," said Chris Taylor.
"When I first learned about AppIt Ventures, I quickly saw a great organization that has developed excellent delivery processes and I'm excited to work with the team to help us to continually grow," said Jim Maggio.
AppIt Ventures has been a Colorado company from its inception.