KFin Technologies acquired WebileApps
Indian company KFin Technologies acquired AI, machine learning and mobility solutions developer WebileApps for $1.3 million.
Indian company KFin Technologies acquired AI, machine learning and mobility solutions developer WebileApps for $1.3 million.
In November, real estate business process outsourcing (BPO) services Eximius BPO based in the Philippines was acquired by real estate business productivity software company NTrust Infotech. This acquisition will enable NTrust to significantly boost Eximius BPO’s capabilities and expand the client-base which it currently serves.
Real estate digital photography and video production company CoreLogic Solutions was acquired by Afghanistan-based business management company Urbanimmersive for $6.4M. This acquisition will help expand the company’s presence in many US regions and is setting the table for cross-selling opportunities with Breakaway.
In other 2022 deals, R Systems International, a provider of IT and big data analytics, was acquired by private equity firm Blackstone for $183.9M at 1.9 times revenue to grow its customer experience service line.
In August, Australia-based Transpire Technology was acquired by Brazil-based IT services company CI&T for $16.1M at 1.5x revenue to accelerate growth in the APAC region.
MST Solutions, a provider of Salesforce-based consulting and systems integration services, was acquired by digital engineering and cloud transformation company Mastek for $76.6M at 2.6x revenue to grow its customer experience service line.
Renewable energy and specialty civil construction company Infrastructure and Energy Alternatives was acquired by construction company MasTec for $680M. This acquisition will help Mastec expand green power construction and maintenance capacity.
The largest megadeal so far this year was the acquisition of colocation datacenter provider Switch by Digital Bridge for $8.4B at 17.6x revenue.
ManTech International was taken private by Carlyle Group for $3.9B at 1.7x revenue.
In August, transaction processing and integration services firm Computer Services was acquired by Bridgeport and Centerbridge for $1.6B at 4.7x revenue.