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EL Passion Acquired by Monterail

Monterail Strengthens Market Position with Second Acquisition in 2025: EL Passion

Monterail Team
|   Sep 23, 2025

Monterail has acquired EL Passion, an established Warsaw-based software company. This marks our second acquisition this year, following Untitled Kingdom in January, which strengthened our healthcare technology expertise.

With 13 years in the market and over 390 projects delivered, EL Passion has built a strong reputation serving clients across Europe and the United States. Their expertise spans AI-assisted software development, fintech, healthtech, e-commerce, and proptech—areas that complement our existing capabilities perfectly. 

Expanding Expertise Through Strategic Consolidation

The EL Passion team brings deep technical knowledge and a proven track record of delivering high-quality software solutions, strengthening our position in today’s competitive tech landscape, which has undergone significant change in recent years. 

Following the rapid expansion of 2021–2022, the market correction of 2023 posed challenges across the industry. We chose to view this shift not as a setback, but as an opportunity, recognizing that it created the right moment for strategic consolidation.

Our acquisitions are not just about expanding the team, but primarily about strengthening competencies and shortening the paths to delivering value to clients. Monterail consistently implements a strategy based on two pillars: consolidating competencies through acquisitions and implementing AI in software development processes. - Szymon Boniecki, co-CEO of Monterail.

Strengthening AI and Product Development Capabilities

This second acquisition of 2025 expands our expertise in product and UX/UI development and accelerates AI adoption in software development. This is not our final move in the acquisition space but rather another step in our ongoing growth strategy.

Specialization and consolidation are today the two most reliable growth paths for software development companies. Smart scaling means not only better cost distribution, but also the flexibility to implement AI practically. - Anna Elwart, CEO of EL Passion

Thanks to acquisitions, Monterail joins the group of companies that not only survived the correction period but managed to use it to build scale and specialization.

In times when the industry struggles with revenue decline pressure, exchange rate risk, and caution in recruitment, quality, efficiency, and the ability to deliver value quickly become crucial.