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New Deal


Announced

EPAM Systems to acquire Competentum.

Financials

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

Tags

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education software

Acquisition

Software

Private

Russian Federation

Synopsis

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EPAM Systems, a leading global provider of digital platform engineering and software development services, agreed to acquire Competentum, a full-stack educational content services company, and its learning platform, ShareKnowledge. Financial terms were not disclosed. “We are excited to join EPAM in the effort to create a full-scale digital learning blueprint,” said Natalia Soboleva, CEO, Competentum. “Our years of experience in developing immersive content and leading adaptive learning solutions for STEM, Healthcare and GRC domains can really accelerate time to value for clients and help them transform their learning platforms and experiences for their users.”

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