Like AppLabs Technologies

closed 9/14/2011 via BusinessWire

Computer Sciences Corporation, acquired AppLabs Technologies

synopsis: Computer Sciences Corporation (CSC) announced that it has acquired AppLabs Technologies Private Limited, the world’s largest pure-play software testing and quality management service provider. The acquisition vaults CSC into a leadership role in providing application testing services in the high growth discrete testing market.
buyer: Computer Sciences Corporation (DXC:$18,892.00)
Computer Sciences Corporation is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, the Managed Services Sector and the North American Public Sector. "
target parent: Sequoia Capital
target: AppLabs Technologies
AppLabs Technologies is the world's largest software testing and quality management company. It provides both quality assurance and third-party validation through a combination of consulting, outsourcing, offshore and specialist services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 3/3/2020 via GlobeNewswire

Computer Task Group Inc., acquired StarDust

synopsis: CTG, a leading provider of information technology (IT) solutions and services in North America and Western Europe, announced it has acquired StarDust, a leader in testing and quality assurance for digital services based in Marseille, France, and with operations in Montreal, Canada.
buyer: Computer Task Group Inc. (CTG:$394.17)
CTG (Computer Task Group) provides industry-specific IT services and solutions that address the business needs and challenges of clients in high-growth industries in North America and Western Europe. CTG also provides strategic staffing services for major technology companies and large corporations."
target: StarDust
StarDust is a leader in testing and quality assurance for digital services based in Marseille, France, and with operations in Montreal, Canada.
price ($mm)
$4.85
rev ($mm)
$7
EBITDA ($mm)
EV / rev
0.7x
EV / EBITDA
closed 7/31/2018 via Company Press Release

Acronis Inc., acquired T-Soft Ltd.

synopsis: Acronis, a global leader in cyber protection and hybrid cloud storage, announced that it has acquired software engineering company T-Soft. T-Soft has been providing Acronis with exceptional software development services since 2012. The Sofia-based subsidiary will change its name to Acronis Bulgaria.
buyer: Acronis Inc.
Acronis sets the standard for cyber protection and hybrid cloud storage through its innovative backup, anti-ransomware; disaster recovery, storage, and enterprise file sync and share solutions. Acronis protects all data in any environment, including physical, virtual, cloud, and mobile. "
target: T-Soft Ltd.
T-Soft is a software services company. T-Soft started providing highly efficient manual and automated software testing services. As a natural extension of their know-how, T-Soft added software development, technical support and technical writing to its portfolio of services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/9/2017 via PR Web

QA Mentor, Inc., acquired Zado Infotech Solutions India Pvt Ltd

synopsis: QA Mentor, Inc., the global award-winning, leading software quality assurance and testing services provider, has acquired Zado Infotech Solutions India Pvt Ltd, a provider of test automation solutions with specific focus on web, mobile and cloud applications. Zado ensures the reliability and performance of applications in diverse environments.
buyer: QA Mentor, Inc.
QA Mentor was established in 2010 with the objective of helping organizations improve their QA functions, optimize their QA process and become the best Software Testing QA Company in the world. "
target: Zado Infotech Solutions India Pvt Ltd
Zado Infotech Solutions is a provider of test automation solutions with specific focus on web, mobile and cloud applications. The company’s framework-driven approach to test automation ensures reliability and performance of applications in diverse environments and complexities.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/1/2015 via BNC Analysis

Saksoft Limited, acquired 360Logica.com

synopsis: Saksoft, the information management specialist company, in a filing to the BSE, said it has acquired a 51% ownership stake in 360Logica Testing Services Private Limited, a leading offshore software testing company. The company provides independent testing services and QA consulting through dedicated offshore teams and onsite experts.
buyer: Saksoft Limited (NSEI:SAKSOFT:$41.94)
Saksoft is a leading provider of Information Management solutions to successful organizations around the world. They deliver success by helping clients to consolidate, organize and manage the vast volumes of data they collect. "
target: 360Logica.com
360logica is a leading offshore software testing company. Based in premier locations in India and the United States, 360logica provides independent testing services and QA consulting through dedicated offshore teams and onsite experts.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 5/5/2014 via Market Wire

Applause, acquired Testhub

synopsis: Software testing leader uTest rebranded as Applause and announced its entry into the EU market by acquiring top German crowdtesting company, Testhub, which will become the European headquarters for Applause operations. As part of the acquisition, Berlin Technologie Holding becomes a strategic investor in Applause EU.
buyer: Applause
Launched in 2008 as uTest, Applause enables companies to deliver digital experiences-- from web to mobile and beyond. By combining in-the-wild testing services, software tools and analytics, it helps companies achieve the 360° app quality they need to thrive in the modern apps economy. "
target: Testhub
Testhub is an expert in crowd-based software testing. With the help of the Crowd intelligence websites, e-commerce shops, mobile applications (apps) as well as additional software products can be tested under real conditions by a multitude of real testers and their devices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/27/2005 via PR Newswire

AppLabs Technologies will be merged with VisualSoft Technologies,

synopsis: AppLabs Technologies, a specialist in testing, development and certification solutions; eSolutions, and VisualSoft Technologies, a software solution provider operating in the areas of outsourced product development and advanced technology solutions, announced today that the three companies plan to merge together.
buyer: VisualSoft Technologies
VisualSoft Technologies is a leading software solution company providing end to end solutions covering the full life cycle of software development. "
target: AppLabs Technologies
AppLabs Technologies is a global IT services company specializing in software testing and development, with an emphasis on quality assurance, performance, certification and hardware testing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/12/2020 via BNC Analysis

Testronic Laboratories Limited, acquired Whyttest SRL

synopsis: Service provider Testronic has acquired QA and customer support company Whyttest. 150 technicians from the firm, based in Romania and Serbia, will be joining Testronic, which will be taking the total headcount of the company to over 1,000 staff. Whyttest was founded in 2014 in Bucharest, Romania, by Marius Potirniche, who previously worked for Ubis
buyer: Testronic Laboratories Limited
Testronic are leaders in Quality Assurance, Localization Services, Compliance, and Certification, Testronic offers end-to-end Testing and QA solutions for the games and film/television industries. "
target: Whyttest SRL
Whyttest is a QA (quality assurance) and customer support company. Whyttest was founded in 2014 in Bucharest, Romania, by Marius Potirniche, who previously worked for 12 years at Ubisoft.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/25/2018 via PR Newswire

GlobalStep, acquired Testology

synopsis: GlobalStep, a world leader in technology services to the Games Industry, announced its acquisition of Testology. Founded in 2006, Testology has been providing Quality Assurance Services to the video games industry out of its offices in Aldershot, located in close proximity to Guildford, a games industry hub in the UK.
buyer: GlobalStep
GlobalStep is a world leader in technology services. It's service offerings to the games industry include Quality Assurance, Localization, Quality Engineering, Player Support, and Play Test Data Analytics. "
target: Testology
Founded in 2006, Testology has been providing Quality Assurance Services to the video games industry out of its offices in Aldershot, located in close proximity to Guildford, a games industry hub in the UK.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/17/2016 via BNC Analysis

Keywords Studios, acquired Enzyme Testing Labs Inc.

synopsis: Keywords Studios, the world’s leading technical services provider to the global video games industry, announced that it has acquired Enzyme Testing Labs. Based in St-Jerome, Quebec and with offices in Montreal and in Kawasaki, Enzyme’s strengths are in functional QA and localisation testing of video games for leading game publishers and developers.
buyer: Keywords Studios (AIM:KWS:$421.54)
Keywords is an international technical service provider to the global Video Game Industry. With over 1,500 games passionate employees around the world, they provide a range of translation, testing, audio, customer care and art production services to Video Game Developers and Publishers alike. "
target: Enzyme Testing Labs Inc.
Enzyme is a privately held, North-American based company, focused on video game Quality Assurance (QA). The organization has over ten years of experience in video game QA testing with offices in St-Jerome - Quebec, Montreal - Quebec and Kawasaki - Japan.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/22/2012 via BusinessWire

Pole To Win Co., Ltd., will purchase Worldwide Interactive Entertainment Business from e4e Inc.

synopsis: Pole To Win Co., Ltd announced it has signed a definitive agreement to acquire the worldwide Interactive Entertainment division of e4e Inc. Interactive Entertainment is the premier service partner to the games industry. They work with leading developers and publishers across Console, PC, Mac, Social Gaming, Casual Gaming and Mobile Applications.
buyer: Pole To Win Co., Ltd. (TSE:3657:$208.93)
Pole To Win, a subsidiary of Poletowin Pitcrew Holdings, Inc., was established in 1994 in Japan covering a range of services over the past 18 years, primarily testing and localizing entertainment software. "
seller: e4e Inc.
e4e is an IT Enabled Services and Business Process Outsourcing Company with proven experience in delivering business value through cost reduction, process re-engineering and most importantly through enhanced service quality and superior customer experience in the existing and new markets.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 8/21/2019 via BNC Analysis

Northedge Capital Partners, will acquire Catalis SE

synopsis: Catalis Group, a UK video game firm that's composed of; Testronic, a provider of quality assurance services, Kuju, a company that creates top-rated games, and Curve Digital, an award-winning digital games publisher, will be acquired by NorthEdge, a UK a private equity firm focused on lower mid-market buy-out and development capital transactions.
buyer: Northedge Capital Partners
Headquartered in the UK, NorthEdge manages £650m of private equity funds aimed at lower mid-market buy-out and development capital transactions. They are looking to invest in like-minded businesses who have real ambition and the potential to shape global markets from the regional powerhouses. "
target: Catalis SE (DB:XAE2:$29.89)
Catalis Group is a UK video game firm that covers every aspect of game testing, development and publishing. It’s composed of 3 companies; Testronic, a provider of quality assurance services, Kuju, a company that creates top-rated games, and Curve Digital, an award-winning digital games publisher.
price ($mm)
$109
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/25/2017 via BNC Analysis

Keywords Studios, will acquire VMC Consulting Corporation

synopsis: Technical services provider Keywords Studios is set to buy QA and customer support provider VMC from owner Volt Information Sciences. VMC provides functional testing, customer support and localization services both in and outside of the games industry.
buyer: Keywords Studios (AIM:KWS:$421.54)
Keywords Studios is an international technical services provider to the global video games industry. They provide integrated art production, localization, testing, audio, player support and engineering services across 50 languages and 14 game platforms to blue chip clients in over 18 countries. "
target parent: Volt Information Sciences, Inc.
target: VMC Consulting Corporation
VMC combines technical expertise and vigilant dedication to deliver unmatched development, QA, localization, and technical support services. VMC serves as a seamless extension of their client's team to improve product quality, accelerate productivity, and maximize customer satisfaction.
price ($mm)
$66
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/5/2017 via BNC Analysis

Altran Technologies S.A., will acquire Global Edge Software Limited

synopsis: Altran announced that it will acquire GlobalEdge Software Limited, an India-based product engineering company specialized in embedded software solutions and IoT Solutions. GlobalEdge Software serves mostly the Semiconductor, Automotive, Consumer Electronics, Telecom, IoT and Industrial sectors.
buyer: Altran Technologies S.A. (ENXTPA:ALT:$2,646.51)
As a global leader in Engineering and R&D services (ER&D), Altran offers its clients a new way to innovate. The Group has provided its expertise to key players in the Aerospace, Automotive, Defence, Energy, Finance, Life Sciences, Railway, and Telecom sectors, among others. "
target: Global Edge Software Limited
GlobalEdge Software is an embedded product engineering and testing services company working in the Semiconductor, Automotive, Consumer Electronics, Telecom, IoT and Industrial sectors. With a portfolio of products, middleware solutions and test automation frameworks, they give a time-to-market edge.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/17/2017 via Market Wire

LogiGear Corporation, acquired True North Service, Inc.

synopsis: LogiGear, a world leader in software testing solutions, announced that it has completed the acquisition of True North Service (TNS), a provider of contract staffing and software testing services to technology companies.
buyer: LogiGear Corporation
LogiGear Corporation provides leading-edge software testing technologies and expertise, along with software development services that enable companies to accelerate business growth while having confidence in the software they deliver. "
target: True North Service, Inc.
True North Service (TNS) is a provider of contract staffing and software testing services to technology companies. TNS was established in Seattle in 2007 as a mobile content certification house testing games and apps for developers, operators, and storefronts before TNS expanded its services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/27/2016 via Reuters

VERISERVE Corporation, will acquire GIOT Corporation

synopsis: Verserve Corporation will acquire additional shares in GIOT Corporation to raise its stake in the company to 96.51 percent. GIOT Corporation offers inter-operability verification services of IT equipment. GIOT provides smart phone test and certification, technical support, and call center services.
buyer parent: Sumitomo Corporation
buyer: VERISERVE Corporation (TSE:3724:$53.71)
VeriServe is a quality verification service provider for IT related products. It has specialties in both Embedded area (such as mobile phones, car navigation systems, audio-visual products, etc) and Enterprise IT systems area. "
target: GIOT Corporation
GIOT Corporation, based in Japan, offers Internet of Things (IoT) interoperability testing.
price ($mm)
$0.44*
rev ($mm)
$2
EBITDA ($mm)
EV / rev
0.3x
EV / EBITDA
closed 6/11/2019 via BusinessWire

DXC Technology Company, acquired Luxoft

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, has acquired Luxoft, a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: Luxoft (LXFT:$910.70)
Based in Switzerland, Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering.
price ($mm)[EV]
$2,067 [$1,978]
rev ($mm)
$911
EBITDA ($mm)
$98
EV / rev
2.2x
EV / EBITDA
20.1x
announced 10/16/2019 via Company Press Release

Accenture, will acquire Nytec

synopsis: Accenture, a global professional services company, has agreed to acquire Nytec Inc., an award-winning product innovation and engineering company. Nytec will become part of Accenture Industry X.0, which offers capabilities that drive the digital reinvention of industry.
buyer: Accenture (ACN:$44,730.27)
Accenture is a global professional services company, providing a range of services and solutions in strategy, consulting, digital, technology & operations. Accenture works at the intersection of business and technology to help clients improve their performance & create value for their stakeholders. "
target: Nytec
Nytec is an integrated consulting firm that turns ideas into lifestyle technology products for tier-one global and Fortune 100 companies. Nytec’s industry-leading Client Services provide customizable talent solutions to satisfy staffing requirements, either onsite, offsite, or project-based.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/23/2017 via BNC Analysis

Avnet, Inc., acquired Dragon Innovation

synopsis: Avnet, Inc., one of the world's largest global distributors of electronic components, computer products and embedded technology, has acquired Dragon Innovation , a Boston-area hardware consulting firm that provides the fastest, simplest, and safest way to manufacture electronics at scale.
buyer: Avnet, Inc. (AVT:$19,518.59)
Founded in 1921, Avnet, Inc., is one of the world's largest global distributors of electronic components, computer products and embedded technology. They serve customers in more than 125 countries. They are headquartered in Phoenix, Arizona. "
target: Dragon Innovation
Dragon Innovation provides the fastest, simplest, and safest way to manufacture electronics at scale. Dragon provides a clear path from prototype through production with unmatched manufacturing expertise and a manufacturing platform, all optimized to help companies move at entrepreneur speed.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/13/2015 via BusinessWire

Keysight Technologies, acquired Anite

synopsis: Keysight Technologies, Inc. announced that it has completed the acquisition of Anite. The company is a leading supplier of software solutions for wireless research and development.
buyer: Keysight Technologies (KEYS:$4,197.00)
Keysight Technologies is a global electronic measurement technology and market leader helping to transform its customers’ measurement experience through innovations in wireless, modular, and software solutions. "
target: Anite (LSE:AIE:$185.48)
Anite is a leading supplier of test and measurement solutions to the international wireless market. It provides testing, measurement, optimisation and analytics systems based on its specialist sector knowledge and its proprietary software and hardware products.
price ($mm)
$600
rev ($mm)
$182
EBITDA ($mm)
$40
EV / rev
3.3x
EV / EBITDA
15.0x
closed 9/14/2011 via BusinessWire

Computer Sciences Corporation, acquired AppLabs Technologies

synopsis: Computer Sciences Corporation (CSC) announced that it has acquired AppLabs Technologies Private Limited, the world’s largest pure-play software testing and quality management service provider. The acquisition vaults CSC into a leadership role in providing application testing services in the high growth discrete testing market.
buyer: Computer Sciences Corporation (DXC:$18,892.00)
Computer Sciences Corporation is a global leader in providing technology-enabled solutions and services through three primary lines of business. These include Business Solutions & Services, the Managed Services Sector and the North American Public Sector. "
target parent: Sequoia Capital
target: AppLabs Technologies
AppLabs Technologies is the world's largest software testing and quality management company. It provides both quality assurance and third-party validation through a combination of consulting, outsourcing, offshore and specialist services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/20/2006 via Company Press Release

AppLabs Technologies, acquired IS Integration

synopsis: IS Integration, the leading UK based IT and business solutions testing consultancy, announced its acquisition by AppLabs, the leading provider of testing services in the US for $37million, some of which is contingent on future profits.
buyer: AppLabs Technologies
AppLabs Technologies is a global IT services company specializing in software testing and development, with an emphasis on quality assurance, performance, certification and hardware testing. "
target: IS Integration
IS Integration was set up as one of the first specialist testing companies in the UK providing the service and the know how to conduct fail safe testing procedures in integration projects.
price ($mm)
$37
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/27/2005 via PR Newswire

AppLabs Technologies will be merged with VisualSoft Technologies,

synopsis: AppLabs Technologies, a specialist in testing, development and certification solutions; eSolutions, and VisualSoft Technologies, a software solution provider operating in the areas of outsourced product development and advanced technology solutions, announced today that the three companies plan to merge together.
buyer: VisualSoft Technologies
VisualSoft Technologies is a leading software solution company providing end to end solutions covering the full life cycle of software development. "
target: AppLabs Technologies
AppLabs Technologies is a global IT services company specializing in software testing and development, with an emphasis on quality assurance, performance, certification and hardware testing.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/13/2021 via Reuters

Atos SE, will acquire DXC Technology Company

synopsis: France’s Atos confirmed it has made a bid approach for U.S. rival DXC Technology, an information technology consultant, in what would be the deal-hungry IT consulting group’s biggest ever acquisition. Atos issued a statement confirming a Reuters report that is seeking to buy DXC.
buyer: Atos SE (ENXTPA:ATO:$13,951.59)
Atos, based in France, is a global leader in digital transformation in 73 countries. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. "
target: DXC Technology Company (DXC:$18,892.00)
DXC Technology helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private, and hybrid clouds.
price ($mm)
rev ($mm)
$18,892
EBITDA ($mm)
$3,454
EV / rev
0.0x
EV / EBITDA
0.0x
announced 1/6/2021 via BusinessWire

Options Technology, will acquire Fixnetix

synopsis: Options Technology is to purchase Fixnetix, a company that provides market data, trading access, liquidity venue connectivity, pre-trade risk and execution management technologies for Investment Banks, Hedge Funds and Proprietary Trading Firms globally, under a fully managed services model.
buyer: Options Technology
Options Technology is the leading provider of cloud-enabled managed services to the global financial services sector. Clients leverage their award-winning front to back office managed infrastructure: Managed Platform, Managed Colocation, Managed Applications and technology consultancy services. "
target parent: DXC Technology Company
target: Fixnetix
Fixnetix provides market data, trading access, liquidity venue connectivity, pre-trade risk and execution management technologies for Investment Banks, Hedge Funds and Proprietary Trading Firms globally, under a fully managed services model.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 7/21/2020 via BusinessWire

Dedalus S.p.A., will purchase Healthcare Provider Software Business from DXC Technology Company

synopsis: DXC Technology will sell DXC’s healthcare software provider business, a leader in the healthcare sector, to the Italy-based Dedalus Group. Among the healthcare provider software business' innovations is an open digital health platform that helps improve care outcomes by delivering contextual and actionable insights across the healthcare ecosystem.
buyer parent: Ardian
buyer: Dedalus S.p.A.
Headquartered in Florence, Italy, Dedalus Group is the leading healthcare and diagnostic software provider in Europe and one of the largest in the world. Dedalus engages in the design and global redesign of clinical and healthcare processes at the international level. "
seller: DXC Technology Company (DXC:$18,892.00)
DXC’s healthcare provider software business is a recognized leader in the healthcare sector. Among its innovations is an open digital health platform that helps improve care outcomes by delivering contextual and actionable insights across the healthcare ecosystem.
price ($mm)
$525
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/11/2020 via BusinessWire

Veritas Capital, will purchase State & Local HHS from DXC Technology Company

synopsis: DXC Technology to sell its US State and Local Health and Human Services (State & Local HHS) business to Veritas Capital. The State & Local HHS business is an end-to-end provider of technology enabled, mission critical solutions that are fundamental to the administration and operations of health programs throughout the US.
buyer: Veritas Capital
Veritas Capital is a leading private equity firm that invests in companies that provide critical products and services, primarily technology and technology-enabled solutions, to government and commercial customers worldwide. "
seller: DXC Technology Company (DXC:$18,892.00)
DXC Technology’s U.S. State and Local Health and Human Services business is an end-to-end provider of technology enabled, mission critical solutions that are fundamental to the administration and operations of health programs throughout the United States.
price ($mm)
$5,000
rev ($mm)
$1,400
EBITDA ($mm)
EV / rev
3.6x
EV / EBITDA
closed 4/9/2020 via BusinessWire

Luxoft, acquired Cmore Automotive GmbH

synopsis: Luxoft, a Swiss digital strategy and software engineering firm, has acquired CMORE Automotive, a services provider dedicated to the development and validation of AI-driven mobility systems. Headquartered in Germany, CMORE Automotive acts as a strategic autonomous drive development partner serving major German automakers and their key suppliers.
buyer parent: DXC Technology Company
buyer: Luxoft (LXFT:$910.70)
Luxoft is a Swiss digital strategy and software engineering firm providing bespoke technology solutions. Luxoft uses technology to enable business transformation, enhance customer experiences, and boost operational efficiency through its strategy, consulting, and engineering services. "
target: Cmore Automotive GmbH
Germany-based CMORE Automotive is a development partner for AI-driven mobility concepts worldwide, providing comprehensive engineering, data, and platform solutions for Autonomous Driving, Connectivity, and Electrification.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/8/2019 via BusinessWire

DXC Technology Company, acquired Virtual Clarity Limited

synopsis: DXC Technology has acquired UK-based Virtual Clarity, a leading provider of IT-as-a-Service (ITaaS) transformation advisory services. The acquisition further positions DXC as a leading provider of IT Modernization services for applications and infrastructure and strengthens DXC’s ability to assess, design, and manage transformations to cloud.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology, the world’s leading independent, end-to-end IT services company, manages and modernizes mission-critical systems, integrating them with new digital solutions to produce better business outcomes. "
target: Virtual Clarity Limited
UK-based Virtual Clarity is a provider of IT-as-a-Service transformation advisory services. Virtual Clarity is comprised of enterprise IT experts with deep knowledge of modern tools, techniques and key industries, including Financial Services, Health Care, Manufacturing, and Telecommunications.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/4/2019 via BusinessWire

DXC Technology Company, acquired Bluleader

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, announced it has acquired Bluleader, an award-winning Australian consulting company focused on delivering Customer Experience (CX) solutions.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology, the world’s leading independent, end-to-end IT services company, manages and modernizes mission-critical systems, integrating them with new digital solutions to produce better business outcomes. "
target: Bluleader
Bluleader is a leading independent Australian systems integration and consulting company focused on delivering Customer Experience (CX) solutions. They assist businesses to deploy CX technologies such as CRM, Marketing Automation, Field Service Management (FSM), and Commerce.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 8/21/2019 via BusinessWire

DXC Technology Company, acquired Syscom AS

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, has acquired Syscom, a leading ServiceNow partner, to extend the reach and scale of its security operations and service management capabilities. Syscom is a leading, independent provider of service management and security consulting and solutions in Norway.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology, the world’s leading independent, end-to-end IT services company, manages and modernizes mission-critical systems, integrating them with new digital solutions to produce better business outcomes. "
target: Syscom AS
Norway-based Syscom is an independent provider of service management and security operations solutions and consulting. Syscom’s professional services practice drives customer innovation and workflow automation in a secure manner for Norway’s enterprise market for both the private and public sector.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/25/2019 via BusinessWire

DXC Technology Company, will purchase Service Business from EG A/S

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, announced its intent to acquire the service business of EG A/S, one of the leading integrators of Microsoft Dynamics 365 in the Nordic region. EG’s service division includes its Microsoft Dynamics, Infor M3 and SAP practices.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
seller: EG A/S
The acquisition includes the service division of EG A/S, one of the leading integrators of Microsoft Dynamics 365 in the Nordic region. EG’s service division includes its Microsoft Dynamics, Infor M3 and SAP practices.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/11/2019 via BusinessWire

DXC Technology Company, acquired Luxoft

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, has acquired Luxoft, a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: Luxoft (LXFT:$910.70)
Based in Switzerland, Luxoft is a global IT service provider of innovative technology solutions that delivers measurable business outcomes to multinational companies. Its offerings encompass strategic consulting, custom software development services, and digital solution engineering.
price ($mm)[EV]
$2,067 [$1,978]
rev ($mm)
$911
EBITDA ($mm)
$98
EV / rev
2.2x
EV / EBITDA
20.1x
closed 11/5/2018 via BusinessWire

DXC Technology Company, acquired TESM

synopsis: DXC Technology announced that it has significantly extended the reach and capability of its ServiceNow  practice with the acquisition of a leading ServiceNow partner, TESM ("The Service Management Company"). TESM focuses on end-to-end solutions which enable customers to realise the full benefit of their implementation.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: TESM
TESM ("The Service Management Company") is a service management company and ServiceNow Gold Services partner. TESM focuses on end-to-end solutions which enable customers to realise the full benefit of their implementation.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/5/2018 via BusinessWire

DXC Technology Company, acquired BusinessNow

synopsis: DXC Technology announced that it has significantly extended the reach and capability of its ServiceNow practice with the acquisition of a leading ServiceNow partner, BusinessNow. BusinessNow is the leading expert in the Nordics for ServiceNow advisory, implementation and training.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: BusinessNow
BusinessNow is the leading expert in the Nordics for ServiceNow advisory, implementation and training. With specialized capabilities for service automation, BusinessNow has made the fastest growing dedicated ServiceNow Gold Services Partner in the Nordic region.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2018 via BusinessWire

DXC Technology Company, acquired argodesign

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, announced the acquisition of argodesign, a nationally known product design consultancy based in Austin, TX.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: argodesign
Argodesign is a nationally known product design consultancy based in Austin, TX. Argodesign’s specific design disciplines include product strategy, design research, information architecture, software experience design, hardware industrial design and brand identity.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/3/2018 via Company Press Release

DXC Technology Company, purchased Molina Medicaid Solutions from Molina Healthcare, Inc.

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, announced that it has completed its acquisition of Molina Medicaid Solutions (MMS), a Medicaid Management Information Systems (MMIS) business, from Molina Healthcare, Inc.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
seller: Molina Healthcare, Inc. (MOH:$18,921.00)
The acquisition includes Molina Medicaid Solutions, a Medicaid Management Information Systems business, from Molina Healthcare, Inc., a company that is focused exclusively on government-sponsored health care programs for families and individuals who qualify for government sponsored health care.
price ($mm)
$266
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 9/27/2018 via BusinessWire

DXC Technology Company, will acquire System Partners

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, announced it has signed an agreement to acquire System Partners, a leading provider of transformative, customer-centric projects that span the suite of Salesforce products.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: System Partners
System Partners is a Platinum Salesforce Partner, with over 100 Salesforce certified consultants located in Sydney, Melbourne and Canberra. They work closely with clients to understand their strategic goals, and build long term solutions that are scalable and focused on business objectives.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/4/2018 via Company Press Release

DXC Technology Company, acquired Sable37

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, announced the acquisition of Sable37. Headquartered in Melbourne, Australia; Sable37 delivers business-improving software and services and specialises in cloud-based Industry Solutions, powered by Microsoft Dynamics 365.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: Sable37
Headquartered in Melbourne, Australia; Sable37 was founded in 2004 and has grown rapidly through their reputation for working with customers as a true partner; delivering business-improving software and services and specialises in cloud-based Industry Solutions, powered by Microsoft Dynamics 365.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 4/4/2018 via Company Press Release

DXC Technology Company, acquired eBECS Ltd.

synopsis: DXC Technology, the world’s leading independent, end-to-end IT services company, announced the acquisition of eBECS. eBECS is an award-winning Microsoft Gold Partner delivering Total Microsoft Business Solutions and Managed Services.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target: eBECS Ltd.
eBECS is an award-winning Microsoft Gold Partner delivering Total Microsoft Business Solutions and Managed Services that help customers digitally transform their businesses, cut complexity and cost, improve customer service and drive growth.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 3/1/2018 via Company Press Release

DXC Red Rock, will acquire M-Power Solutions

synopsis: DXC Red Rock, a provider of Oracle consulting and managed services in Australia and New Zealand, will acquire M-Power Solutions, an IT consulting firm in Australia that is focused on Oracle cloud-based, Enterprise Performance Management & BI. M-Power helps clients make better, more profitable, decisions by improving their access to information.
buyer parent: DXC Technology Company
buyer: DXC Red Rock
DXC Red Rock is the largest independent provider of Oracle consulting and managed services in Australia and New Zealand. Red Rock provides dynamic technology leadership in delivering Oracle solutions in both cloud, on-premise and hybrid environments. "
target: M-Power Solutions
M-Power Solutions is an IT consulting firm in Australia that is focused on Oracle cloud-based, Enterprise Performance Management (EPM) & BI. M-Power helps clients make better, more profitable, decisions by improving access to their biggest asset, information.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 6/1/2018 via Company Press Release

DXC Technology Company, acquired Vencore and KeyPoint

synopsis: Perspecta Inc. has completed its separation from DXC Technology Company and is now an independent public company, commencing trading today on the New York Stock Exchange. Additionally, Perspecta—the new company spun-off of the DXC Technology U.S. Public Sector—completed its planned combination with Vencore Inc. and KeyPoint Government Solutions.
buyer: DXC Technology Company (DXC:$18,892.00)
DXC Technology is the world’s leading independent, end-to-end IT services company. The company’s technology independence, global talent and extensive partner network combine to deliver powerful next-generation IT services and solutions. "
target parent: Veritas Capital Partners
target: Vencore and KeyPoint (PRSP:$4,030.00)
Vencore provides information solutions, engineering and analysis to the U.S. Intelligence Community, Department of Defense and Federal/Civilian Agencies. KeyPoint Government Solutions is a leading provider of investigative and risk mitigation services to government organizations.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/10/2017 via BusinessWire

Fruition Partners, will acquire Logicalis SMC

synopsis: Fruition Partners, a subsidiary of DXC Technology (DXC), announced that it has signed an agreement to acquire Logicalis SMC, one of the Netherlands’ leading providers of technology-enabled solutions for the service management sector.
buyer parent: DXC Technology Company
buyer: Fruition Partners
Fruition Partners is a global technology-enabled services firm dedicated to helping organizations improve efficiency and lower costs by elevating service management to the cloud. "
target parent: Datatec Limited
target: Logicalis SMC
Logicalis SMC is a European expert in Cloud technologies for Service Transformation and a Partner of ServiceNow. The company applies an unique and ready-to-go implementation methodology combined with deeply experienced consultants and a constant innovation in solutions and services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 1/13/2021 via Reuters

Atos SE, will acquire DXC Technology Company

synopsis: France’s Atos confirmed it has made a bid approach for U.S. rival DXC Technology, an information technology consultant, in what would be the deal-hungry IT consulting group’s biggest ever acquisition. Atos issued a statement confirming a Reuters report that is seeking to buy DXC.
buyer: Atos SE (ENXTPA:ATO:$13,951.59)
Atos, based in France, is a global leader in digital transformation in 73 countries. European number one in Cloud, Cybersecurity and High-Performance Computing, the Group provides end-to-end Orchestrated Hybrid Cloud, Big Data, Business Applications and Digital Workplace solutions. "
target: DXC Technology Company (DXC:$18,892.00)
DXC Technology helps global companies run their mission-critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private, and hybrid clouds.
price ($mm)
rev ($mm)
$18,892
EBITDA ($mm)
$3,454
EV / rev
0.0x
EV / EBITDA
0.0x
announced 1/12/2021 via GlobeNewswire

Xalles, will acquire Crown Solutions India Pvt. Ltd.

synopsis: Xalles Holdings Inc., a fintech holding company providing technology and financial services solutions, will acquire Crown Solutions India Pvt. Ltd., a company that focuses on IT Consulting and Staffing Services.
buyer: Xalles (OTCPK:XALL:$0.15)
Xalles Holdings Inc. is a holding company that focuses on direct investments in disruptive fintech companies. They actively seek acquisition targets with solid management teams and business models, large total attainable markets, and lucrative exit opportunities to invest and accelerate growth in. "
target: Crown Solutions India Pvt. Ltd.
Crown Solutions India Private Limited, is a company that focuses on IT Consulting and Staffing Services. The company has been successfully providing services to several globally operating IT companies in India, USA and UK over the last eighteen years.
price ($mm)
$6.10
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/6/2021 via PR Newswire

S.i. Systems, acquired Annex Consulting Group

synopsis: S.i. Systems ULC, one of Canada's largest Information Technology staffing companies, has acquired Annex Consulting Group, a leading IT staffing company in Vancouver. Together, S.i Systems and Annex will form the largest IT staffing firm in British Columbia with more talent for their clients and more jobs for their consultants.
buyer: S.i. Systems
S.i. Systems is one of Canada's largest IT staffing companies. S.i. Systems created MatchGuide, a proprietary web-based match-making solution to provide precision contract and permanent placements for IT and Corporate professionals. "
target: Annex Consulting Group
Based in Vancouver, Annex Consulting Group is a full service IT and management consulting firm specializing in staff augmentation contracting, permanent staffing, and outsourced solutions. The group is one of the leading IT recruitment companies in British Columbia.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 1/4/2021 via PR Newswire

Converge Technology Solutions, acquired Vicom Computer Services, Inc.

synopsis: Toronto-based Converge Technology Solutions Corp. has acquired Vicom Computer Services, Inc., a full-service multi-cloud infrastructure provider. With the acquisition, Converge gains a leading team of architects and engineers who will accelerate the growth of the company's practice areas, driving more value for its clients across North America.
buyer: Converge Technology Solutions (TSXV:CTS:$686.58)
Canada-based Converge Technology Solutions is an IT Solution Provider that delivers industry-leading solutions and services. Converge's regional sales and services organizations deliver advanced analytics, cloud, cybersecurity, and managed services offerings to clients across various industries. "
target: Vicom Computer Services, Inc.
Vicom is a full-service multi-cloud infrastructure provider. The company's domains of expertise include multi-cloud solutions, networking, operations/service management, security, staff augmentation, and professional and managed services.
price ($mm)
$25
rev ($mm)
$99
EBITDA ($mm)
$5
EV / rev
0.3x
EV / EBITDA
4.9x
closed 12/31/2020 via BusinessWire

ePlus, inc., acquired SMP-CORP

synopsis: ePlus inc. has acquired the business of System Management and Planning, Inc., an established provider of technology solutions and services in upstate New York and the Northeast. SMP provides a comprehensive suite of collaboration, AI, cloud, audio/visual, data center and staffing solutions, as well as managed and professional services.
buyer: ePlus, inc. (PLUS:$1,397.51)
ePlus is a leading consultative technology solutions provider that helps customers imagine, implement, and achieve more from their technology. With the highest certifications from top technology partners and lifecycle services expertise across key areas. "
target: SMP-CORP
SMP ("System Management Planning") has been delivering strategic IT with integrity, passion, and a service guarantee for over 20 years. Serving all industries, their value-based technology solutions, and services center around audio visual, collaboration, data center, network, and security.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 12/16/2020 via Company Press Release

Cyber Security Cloud , Inc., will acquire Softec Co., Ltd.

synopsis: Cyber ​​Security Cloud Co., Ltd. announced that they would be acquiring all of the shares of Softec Co. Ltd., and making it a subsidiary. Softec Co. is an IT services company that revolutionized the industry by providing "Vulnerability Management Solution SIDfm" for the first time in Japan in 1999.
buyer: Cyber Security Cloud , Inc. (TSE:4493:$10.56)
Cyber ​​Security Cloud is a Japanese company that aims to provide security services for web applications to the world using the world's leading cyber threat intelligence and AI technology. As a leading company in cyber security, they will continue to create cyberspace that can be used by everyone. "
target: Softec Co., Ltd.
Softec Co., Ltd. was established in October 1993 in Shizuoka Prefecture by four founding members with the mission of contributing to customers and society and growing themselves through IT services.
price ($mm)
$2.80
rev ($mm)
$3
EBITDA ($mm)
EV / rev
1.0x
EV / EBITDA
closed 12/10/2020 via BNC Analysis

Chaucer Group Limited, acquired Medley Business Solutions Ltd.

synopsis: Chaucer Group, a UK digital transformation consultancy, has acquired ICT advisory firm Medley Business Solutions. Headquartered in Guildford, UK, Medley provides client-side services from strategy through to implementation and operation, and delivers services to central government, criminal justice, law enforcement, government agencies and NDPBs.
buyer parent: Apax Partners
buyer: Chaucer Group Limited
Chaucer, based in the UK, helps clients transform beyond a technology focus, developing their culture, improving their strategy and operating models to enable them as digital enterprises. Chaucer is more than a digital transformation consultancy; they are people-focused catalysts for change. "
target: Medley Business Solutions Ltd.
Medley is a strategic ICT advisory firm based in the UK. Medley provides independent client-side services from strategy through to implementation and operation, and delivers services to central government, criminal justice, law enforcement, government agencies, and non-departmental public bodies.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 12/7/2020 via BusinessWire

AppSmart, acquired MICROCORP

synopsis: AppSmart®, the leading source to find, buy, and manage all business technology services, announced that it acquired MicroCorp, a leading national master agent for telecommunications, data center, security and cloud services, as part of its commitment to strategic expansion.
buyer: AppSmart
AppSmart is the channel-led, one-stop shop for all B2B technology services. The company offers the industry’s largest catalog of applications and services from leading providers—such as Google, Microsoft, AT&T, Verizon and CenturyLink—available through one website to access, manage, and get support."
target: MicroCorp
MicroCorp is the premier value added distributor of telecom and cloud solutions. Since 1986, they have simplified the purchase and management of telecommunications services for business customers.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/30/2020 via Company Press Release

Telstra Corporation Limited, acquired Epicon IT Solutions Pty. Ltd.

synopsis: Telstra has acquired IT service management provider Epicon, an Australian company that supports organizations achieving digital transformation through excellence in IT Service Management and IT Operations, providing operational insight through data integration and analytics.
buyer: Telstra Corporation Limited (ASX:TLS:$17,503.32)
Telstra Corporation Limited is Australia's largest telecommunications company which builds and operates telecommunications networks and markets voice, mobile, internet access, pay television and other products and services. "
target: Epicon IT Solutions Pty. Ltd.
Epicon is successfully helping organisations connect their silos and drive real value from their Enterprise IT. Their specialised integration technology can agnostically connect all IT management systems – both cloud and on-premise – to create a single unified environment.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/23/2020 via BusinessWire

GlobalLogic, Inc., acquired ECS Group

synopsis: GlobalLogic Inc., a leader in Digital Product Engineering, has acquired ECS Group, a leading digital transformation and DevOps consultancy. Headquartered in London, ECS delivers digital solutions that harness the latest cloud technologies, with a focus on Digital Engineering, Data Analytics, and Customer Experience.
buyer parent: Apax Partners
buyer: GlobalLogic, Inc.
GlobalLogic is a leader in digital product engineering, helping clients design and build products, platforms, and digital experiences. GlobalLogal combines strategic design, complex engineering, and vertical industry expertise to help clients accelerate their transition into digital businesses. "
target: ECS Group
ECS is a UK digital transformation consultancy business. Though specialized in regulatory compliance fields, ECS helps clients in all industries transform their businesses using advanced custom IT solutions by providing Data & Analytics, Customer Experience, and Digital Engineering solutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 11/18/2020 via BNC Analysis

Matrix IT Ltd, acquired RightStar

synopsis: Matrix, the leading technology services company in Israel, has acquired RightStar Systems, a leading provider of ITIL®-based IT service management, DevOps, and Application Lifecycle Management solutions for mid-size and enterprise organizations; federal, state, and local government agencies; and educational institutions.
buyer: Matrix IT Ltd (TASE:MTRX:$1,113.00)
Matrix is the leading technology services company in Israel, with 10,337 employees worldwide. Since its foundation in 2001, Matrix has made more than 80 mergers and acquisitions and has executed some of the largest IT projects in Israel. "
target: RightStar
RightStar Systems is a leading provider of ITIL®-based IT service management, DevOps, and Application Lifecycle Management solutions for mid-size and enterprise organizations; federal, state, and local government agencies; and educational institutions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/13/2020 via BNC Analysis

LTS Co., will acquire Softec Co., Ltd.

synopsis: LTS Co., Ltd. acquired all shares of Softec Co., Ltd. Softec Co., Ltd. was established in October 1993 in Shizuoka Prefecture by four founding members with the mission of contributing to customers and society and growing themselves through IT services.
buyer: LTS Co. (TSE:6560:$51.45)
Japan's LTS supports corporate reform, work style reform, and digital shifts. Through business process management and advanced technology knowledge, they provide effective support services. Their platform connects companies seeking help to fix IT problems with companies that have the solutions. "
target: Softec Co., Ltd.
Softec Co., Ltd. was established in October 1993 in Shizuoka Prefecture by four founding members with the mission of contributing to customers and society and growing themselves through IT services.
price ($mm)
$1.60
rev ($mm)
$6
EBITDA ($mm)
EV / rev
0.2x
EV / EBITDA
closed 11/11/2020 via Company Press Release

Logicalis Asia, acquired iZeno Pte. Ltd.

synopsis: Logicalis Asia, part of the Logicalis Group, a leading international IT solutions and managed services provider, has acquired a majority stake in Singapore-based iZeno, a company specialising in digital transformation, application modernisation, DevOps, customer experience and hybrid cloud solutions.
buyer parent: Datatec Limited
buyer: Logicalis Asia
Logicalis Asia consists of the Logicalis subsidiaries in Singapore, Indonesia, Malaysia, China, Hong Kong and Taiwan. Logicalis is an international multi-skilled solution provider providing digital enablement services to help customers harness digital technology. "
target: iZeno Pte. Ltd.
Singapore-based iZeno was founded in 2003 to provide enterprises with best-in-class technology solutions they need to keep their business running seamlessly. iZeno has delivered, implemented and optimised over 500 Enterprise Solutions to enable smarter insights and better business outcomes.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 11/10/2020 via GlobeNewswire

Capgemini, will acquire RXP Services

synopsis: Capgemini, a global leader in consulting, digital transformation, technology and engineering services, is to acquire RXP Services. Headquartered in Melbourne, RXP Services provides cohesive, end-to-end capabilities to design, build and support digital solutions to clients in key industries across Australia.
buyer: Capgemini (ENXTPA:CAP:$17,362.39)
Capgemini is a global leader in consulting, digital transformation, technology and engineering services. The Group is at the forefront of innovation to address the entire breadth of clients’ opportunities in the evolving world of cloud, digital and platforms. "
target: RXP Services (ASX:RXP:$92.22)
Headquartered in Melbourne, with locations in Sydney, Canberra and Hobart, RXP Services provides cohesive, end-to-end capabilities to design, build and support digital solutions to clients in key industries across Australia.
price ($mm)
$68
rev ($mm)
$90
EBITDA ($mm)
EV / rev
0.8x
EV / EBITDA
closed 11/4/2020 via BusinessWire

West Monroe Partners, acquired Pace Harmon

synopsis: West Monroe, a national business and technology consulting firm, announced it has acquired Pace Harmon, a Washington, D.C., area-based IT and business services transformation and outsourcing advisory firm.
buyer: West Monroe Partners
West Monroe is a national business and technology consulting firm that partners with dynamic organizations to reimagine, build, and operate their businesses at peak performance. "
target: Pace Harmon
Pace Harmon is an advisory and management consulting firm focused on providing business support through the entire sourcing lifecycle for large-scale technology, outsourcing, network, and other complex transactions.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 10/29/2020 via BusinessWire

Switchfast Technologies, acquired Axcell Technologies, Inc

synopsis: Switchfast Technologies, a Chicago-based managed IT services provider, has acquired Axcell Technologies, a professional technology service company based in Schaumburg, Illinois that specializes in Implementation Services, Support Service, Disaster Recovery and Business Continuity Services and Cloud Hosting and Migration Services.
buyer: Switchfast Technologies
Switchfast Technologies is a leading Managed Services Provider (MSP) serving the Greater Chicagoland and Midwest area since 2001. They specialize in IT consulting, cybersecurity, cloud integration, network setup, disaster recovery, and more. "
target: Axcell Technologies, Inc
Axcell Technologies is a professional technology service company based in Schaumburg, Illinois. They specialize in Implementation Services, Support Service, Disaster Recovery and Business Continuity Services and Cloud Hosting and Migration Services.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
announced 10/23/2020 via BNC Analysis

Tech Mahindra Limited, will acquire Tenzing Limited

synopsis: IT company Tech Mahindra said it will acquire complete stake in New Zealand-based Tenzing Group. New Zealand-based Tenzing Group are Management and Technology Consultants who know each problem is unique and the answer is not one size fits all.
buyer parent: Mahindra Group
buyer: Tech Mahindra Limited (NSEI:TECHM:$5,108.21)
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences. Their convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value. "
target: Tenzing Limited
New Zealand-based Tenzing Group are Management and Technology Consultants who know each problem is unique and the answer is not one size fits all. They have a breadth of capabilities and range of methods that they scale and tailor to individual needs.
price ($mm)
$30
rev ($mm)
$27
EBITDA ($mm)
EV / rev
1.1x
EV / EBITDA
announced 10/23/2020 via BNC Analysis

Tech Mahindra Limited, will acquire Momenton

synopsis: IT company Tech Mahindra will acquire complete stake in Australian IT firm Momenton. Momenton is leading some of Australia’s largest transformations. They work with organisations seeking to challenge the norm, move beyond traditional working models, value engineering as a craft and build innovation into the fabric of their culture.
buyer parent: Mahindra Group
buyer: Tech Mahindra Limited (NSEI:TECHM:$5,108.21)
Tech Mahindra represents the connected world, offering innovative and customer-centric information technology experiences. Their convergent, digital, design experiences, innovation platforms and reusable assets connect across a number of technologies to deliver tangible business value. "
target: Momenton
Momenton is leading some of Australia’s largest transformations. They work with organisations seeking to challenge the norm, move beyond traditional working models, value engineering as a craft and build innovation into the fabric of their culture.
price ($mm)
$10
rev ($mm)
$8
EBITDA ($mm)
EV / rev
1.3x
EV / EBITDA
closed 10/20/2020 via Company Press Release

Nextedia, acquired Anetys SAS

synopsis: Paris-based Nextedia has acquired Anetys to position itself toward cybersecurity and the digital workplace. Headquartered in France, Anetys specializes in modernizing the workspace and securing information systems. Together, the two companies intend to take advantage of strong commercial synergies, thanks to broad cross-selling opportunities.
buyer: Nextedia (ALNXT:$28.07)
Paris-based Nextedia specializes in consulting and high added value services, dedicated to the digital transformation and digital marketing professions. The company provides its clients with business, technological, and independent expertise, coupled with knowledge in market-leading solutions. "
target: Anetys SAS
Anxiety is an IT consulting and digital service company based in Suresnes, France. The company specializes in modernizing the workspace and securing information systems by integrating and supporting solutions that respond to new IT threats that companies face.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA
closed 9/22/2020 via BusinessWire

Computer Design & Integration, acquired P5 Solutions, Inc.

synopsis: Computer Design & Integration LLC announced that it has acquired P5 Solutions, Inc., a transformative consulting company known for helping customers establish better enterprise-wide processes through digital modernization and optimization.
buyer parent: One Equity Partners
buyer: Computer Design & Integration
CDI is a leading provider of IT infrastructure hardware and software, consulting, and managed services. The company provides clients and businesses of all sizes the most up-to-date hybrid IT technology solutions for solving complex business challenges. "
target: P5 Solutions, Inc.
Founded in 2013, P5 Solutions, Inc. is an organizational transformative consultancy company with expert consultants, project managers, technical architects and engagement managers serving customers across North America.
price ($mm)
rev ($mm)
EBITDA ($mm)
EV / rev
EV / EBITDA

Like AppLabs Technologies


read more

AppLabs Technologies

StarDust

T-Soft Ltd.

Zado Infotech Solutions India Pvt Ltd

360Logica.com

Testhub

AppLabs Technologies

Whyttest SRL

Testology

Enzyme Testing Labs Inc.

e4e Inc.

Catalis SE

VMC Consulting Corporation

Global Edge Software Limited

True North Service, Inc.

GIOT Corporation

Luxoft

Nytec

Dragon Innovation

Anite

read more

AppLabs Technologies

IS Integration

AppLabs Technologies

read more

DXC Technology Company

Fixnetix

DXC Technology Company

DXC Technology Company

Cmore Automotive GmbH

Virtual Clarity Limited

Bluleader

Syscom AS

EG A/S

Luxoft

TESM

BusinessNow

argodesign

Molina Healthcare, Inc.

System Partners

Sable37

eBECS Ltd.

M-Power Solutions

Vencore and KeyPoint

Logicalis SMC

read more

DXC Technology Company

Crown Solutions India Pvt. Ltd.

Annex Consulting Group

Vicom Computer Services, Inc.

SMP-CORP

Softec Co., Ltd.

Medley Business Solutions Ltd.

MicroCorp

Epicon IT Solutions Pty. Ltd.

ECS Group

RightStar

Softec Co., Ltd.

iZeno Pte. Ltd.

RXP Services

Pace Harmon

Axcell Technologies, Inc

Tenzing Limited

Momenton

Anetys SAS

P5 Solutions, Inc.

Geography
Matching Companies
Ticker: TSE:3657
 
 
 
 
 
 
 
 
Pole To Win Co., Ltd.
Pole To Win Co., Ltd.
Pole To Win (PTW) is the world's outsourcing services provider for software, games, e-commerce, and more. Their wide range of services includes: Quality Testing, Quality Engineering, Translation and Localization, Customer Support, and Onsite Services.
year
2018
rev ($mm)
$208.93
EBITDA ($mm)
$26.84
EBIT ($mm)
$21.12
Net Income ($mm)
$10.31
Employees
1356
  • drill down
  • watch
Ticker: AIM:KWS
 
 
 
 
 
 
 
 
Keywords Studios
Keywords Studios
Keywords is an international technical service provider to the global Video Game Industry. With over 1,500 games passionate employees around the world, they provide a range of translation, testing, audio, customer care and art production services to Video Game Developers and Publishers alike.
year
2020
rev ($mm)
$421.54
EBITDA ($mm)
$51.53
EBIT ($mm)
$32.36
Net Income ($mm)
$16.22
Employees
7400
  • drill down
  • watch
Ticker: LSE:SPT
 
 
 
 
 
 
 
 
Spirent Communications plc
Spirent Communications plc
Spirent Communications plc. is the leading provider of verification, assessment, analytics, and device intelligence solutions. They enable those who deliver networks, connected devices, and communication services to provide a superior user experience.
year
2016
rev ($mm)
$457.90
EBITDA ($mm)
$65.00
EBIT ($mm)
$32.10
Net Income ($mm)
Employees
1564
  • drill down
  • watch
Ticker: DXC
 
 
 
 
 
 
 
 
DXC Technology Company
DXC Technology Company
DXC Technology is the world's leading independent, end-to-end IT services company, helping clients harness the power of innovation to thrive on change. The company serves nearly 6,000 private and public sector clients across 70 countries.
year
2020
rev ($mm)
$18,892.00
EBITDA ($mm)
$2,743.00
EBIT ($mm)
$984.00
Net Income ($mm)
Employees
138000
  • drill down
  • watch
Ticker: ENXTPA:CAP
 
 
 
 
 
 
 
 
Capgemini
Capgemini
Capgemini is one of the world's foremost providers of consulting, technology and outsourcing services with more than 145,000 people in over 40 countries. Together with its clients, Capgemini creates and delivers business and technology solutions that fit their needs and drive the results they want.
year
2020
rev ($mm)
$17,362.39
EBITDA ($mm)
$2,188.76
EBIT ($mm)
$1,852.11
Net Income ($mm)
$920.15
Employees
265073
  • drill down
  • watch
Ticker: CTSH
 
 
 
 
 
 
 
 
Cognizant Technology Solutions
Cognizant Technology Solutions
Cognizant is a leading provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses.
year
2020
rev ($mm)
$16,752.00
EBITDA ($mm)
$3,133.00
EBIT ($mm)
$2,615.00
Net Income ($mm)
$1,471.00
Employees
283100
  • drill down
  • watch
Ticker: ENXTPA:ATO
 
 
 
 
 
 
 
 
Atos SE
Atos SE
Serving a global client base, Atos SE provides Consulting & Systems Integration services, Managed Services & BPO, Cloud operations, Big Data & Cyber-security solutions, as well as transactional services through Worldline, the European leader in the payments and transactional services industry.
year
2020
rev ($mm)
$13,951.59
EBITDA ($mm)
$1,666.26
EBIT ($mm)
$1,077.60
Net Income ($mm)
$599.61
Employees
106980
  • drill down
  • watch
Ticker: NSEI:INFY
 
 
 
 
 
 
 
 
Infosys Limited
Infosys Limited
Infosys is a global leader in consulting, technology, and outsourcing solutions. Infosys enables clients in more than 50 countries to outperform the competition and stay ahead of the innovation curve.
year
2020
rev ($mm)
$12,770.00
EBITDA ($mm)
$3,121.00
EBIT ($mm)
$2,792.00
Net Income ($mm)
$2,343.00
Employees
239233
  • drill down
  • watch
Ticker: NSEI:HCLTECH
 
 
 
 
 
 
 
 
HCL Technologies Limited
HCL Technologies Limited
Founded in 1976 as one of India's original IT garage start-ups, HCL is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor based computer in 1978 well before its global peers.
year
2019
rev ($mm)
$8,941.45
EBITDA ($mm)
$2,001.75
EBIT ($mm)
$1,682.97
Net Income ($mm)
$1,404.66
Employees
120081
  • drill down
  • watch
Ticker: ENXTPA:SOP
 
 
 
 
 
 
 
 
Sopra Steria
Sopra Steria
Sopra Steria, a European leader in digital transformation, provides one of the most comprehensive portfolios of end-to-end service offerings on the market: consulting, systems integration, software development and business process services.
year
2019
rev ($mm)
$5,053.57
EBITDA ($mm)
$443.58
EBIT ($mm)
$338.39
Net Income ($mm)
$182.70
Employees
44719
  • drill down
  • watch
Ticker: JSE:DTC
 
 
 
 
 
 
 
 
Datatec Limited
Datatec Limited
Datatec is a global ICT solutions and services group with revenues of over US$ 5 billion, more than 7,500 employees worldwide and operations in over 50 countries. The Group operates in three principal areas of the ICT industry: Technology, Integration and Consulting.
year
2019
rev ($mm)
$4,332.38
EBITDA ($mm)
$102.34
EBIT ($mm)
$66.23
Net Income ($mm)
$13.13
Employees
10130
  • drill down
  • watch
Ticker: TSE:4307
 
 
 
 
 
 
 
 
Nomura Research Institute, Ltd.
Nomura Research Institute, Ltd.
Nomura Research Institute (NRI) is an independent, global IT solutions and consulting services provider. Leveraging NRI's global consulting business, NRI is able to provide innovative IT solutions for investment banks, asset managers, banks, insurance providers, retailers and distributors.
year
2016
rev ($mm)
$4,088.01
EBITDA ($mm)
$882.92
EBIT ($mm)
$568.49
Net Income ($mm)
$425.37
Employees
10757
  • drill down
  • watch
Ticker: OB:ATEA
 
 
 
 
 
 
 
 
Atea ASA
Atea ASA
Atea is the leading Nordic and Baltic supplier of IT infrastructure. Atea is present in Norway, Sweden, Denmark, Finland, Lithuania, Latvia and Estonia. Atea delivers IT products from leading vendors and assist its customers with specialist competencies within IT infrastructure services.
year
2019
rev ($mm)
$3,934.76
EBITDA ($mm)
$106.11
EBIT ($mm)
$76.84
Net Income ($mm)
$51.85
Employees
7419
  • drill down
  • watch
Ticker: BME:IDR
 
 
 
 
 
 
 
 
Indra Sistemas, S.A.
Indra Sistemas, S.A.
Indra is one of the main global consulting and technology companies and the technology partner for core business operations of its clients businesses throughout the world. Indra is a world leader in the development of comprehensive technological solutions.
year
2019
rev ($mm)
$3,577.74
EBITDA ($mm)
$233.15
EBIT ($mm)
$226.34
Net Income ($mm)
$127.98
Employees
47333
  • drill down
  • watch
Ticker: WSE:ACP
 
 
 
 
 
 
 
 
The Asseco Group
The Asseco Group
Asseco Poland is the largest IT company listed on the Warsaw Stock Exchange. It has developed technologically advanced software solutions for companies and institutions of all key sectors of the economy for more than 20 years.
year
2019
rev ($mm)
$2,717.74
EBITDA ($mm)
$359.53
EBIT ($mm)
$248.02
Net Income ($mm)
$82.14
Employees
26843
  • drill down
  • watch
Ticker: HLSE:TIE1V
 
 
 
 
 
 
 
 
Tieto
Tieto
Tieto is the largest IT services company in the Nordics providing full lifecycle IT services. They also provide global product development services for companies in the communications and embedded technologies arena.
year
2019
rev ($mm)
$1,794.11
EBITDA ($mm)
$222.02
EBIT ($mm)
$156.83
Net Income ($mm)
$134.87
Employees
15275
  • drill down
  • watch
Ticker: PLUS
 
 
 
 
 
 
 
 
ePlus, inc.
ePlus, inc.
ePlus is an engineering-centric technology solutions provider that helps organizations imagine, implement, and achieve more from their technology. With certifications from technology partners, cloud, and collaboration, ePlus transforms IT from a cost center to a business enabler.
year
2019
rev ($mm)
$1,397.51
EBITDA ($mm)
$102.78
EBIT ($mm)
$83.67
Net Income ($mm)
$64.11
Employees
1538
  • drill down
  • watch
Ticker: JSE:AEL
 
 
 
 
 
 
 
 
Altron
Allied Electronics Corporation Limited (Altron), through its two divisions Altron TMT and Altron Power is invested in power electronics, telecommunications, multi-media and information technology.
year
2015
rev ($mm)
$1,392.49
EBITDA ($mm)
$56.90
EBIT ($mm)
$23.42
Net Income ($mm)
Employees
12904
  • drill down
  • watch