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Announced

Completed

Novetta completed the acquisition of Berico Technologies from The Carlyle Group.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Private

Friendly

Single Bidder

United States

Majority

computer programming services

Acquisition

Completed

Private Equity

Synopsis

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Novetta, a provider of advanced analytics technology, completed the acquisition of Berico Technologies, which delivers innovative, technology-enabled cloud engineering, data analytics, and IT modernization solutions, from The Carlyle Group. Financial terms were not disclosed. “We are extremely excited to welcome Berico to the Novetta family, creating a powerhouse of talent and innovative technologies to support our customers. Berico has an outstanding reputation across the IC for cloud engineering and architecture solutions. Combining our operations provides new opportunities for growth, and our capabilities are strengthened by joining forces,” Tiffanny Gates, Novetta CEO and President.

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