Background

The most experienced IT company

The formation of Verysell dates back to 1990, when a transatlantic joint venture was formed under Merisel trademark.

The company’s mission was to create an efficient mechanism for the transfer of advanced information technologies from the West to the East, to the Soviet Union.

Rapid development of the company and superior performance results in the marketplace set the stage for a sale to one of the large international distribution firms.

In 1998, the American distributor, CHS Electronics, initiated a purchase of the company. However, the acquisition fell through after CHS filed for bankruptcy. Management buy-out followed soon after that.

Several Russian and foreign-based companies stood down, and many of them joined a project led by Mikhail Krasnov.

The primary goals of the project, named Verysell, were to re-crate a corporate structure and enter the capital markets in both Russia and overseas.

Executive Board of Verysell was established in Geneva and chaired by Mikhail Krasnov.

In the coming years, it is expected that Verysell will be restructured to a publicly traded corporation and headed towards IPO.

Milestones

2006

• New consulting company, Sterling Integration, is created with the Verysell IT Services business unit.

2005

• Verysell opens a subsidiary in Kazakhstan.
• New strategy is adopted to refine the existing business activities of Verysell.
• Verysell acquires a key set of business practices offered by the Sterling Group, a leading Russian IT systems integrator.

2004

• Enterprise ONE and Icontri become a part of the Verysell Group of Companies, constituting the basis of the consulting division, Verysell IT Services.
• Verysell’s project-based and telecommunications activities are merged into one company, Verysell Projects.
• Verysell unites existing distribution units to form one company, Verysell Distribution, offering project-based distribution and product-based distribution.

2003–2002

• Verysell engages in a strategy of increasing its market share in the high-tech services segment:  management consulting, IT consulting and applications implementation.
• Verysell acquires V6 Technologies, the consulting company.
• Verysell expands its distribution business, organizing the supply of mass-market IT products.

2001

• Verysell starts its business diversification and focuses on the three challenging market segments: systems integration, telecommunications market, and the enterprise management systems.

2000–1994 

• Collaboration with CHS Electronics. Verysell initiates management buy-out.
• Verysell makes a private placement of securities, selling its stock to three international funds.
• Verysell becomes the first Russian company, offering project-based distribution to the market.

1993 – 1990

• Establishment of a joint venture with the international distribution company, Merisel, Inc.