Submitted by dariat on

EPAM Systems strengthened its consulting and digital transformation capabilities by acquiring First Derivative for $301 million at a 1.4x revenue multiple. First Derivative provides IT engineering, cybersecurity, financial crime consulting and system implementation services for the capital markets industry. This acquisition reinforces EPAM’s global footprint and its expertise in high-demand areas such as systems integration and application engineering. 

Seller Name
First Derivative
Buyer Name
EPAM Systems
Value Type
Deal Value
$301M
EV/S Multiple
1.4x revenue
Deal Date
Banner
EPAM Systems acquired First Derivative