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New Deal


Announced

PK to acquire Yotabites.

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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United States

Private

Friendly

Software

big data

Acquisition

Majority

Pending

Single Bidder

Synopsis

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ProKarma, an engineering firm, agreed to acquire Yotabites, a boutique big data consultancy based in Kansas. Financial terms were not disclosed. “Data is a strategic asset for today’s enterprise companies, and drawing relevant and accurate insights from data is essential for growth. Many companies, however, struggle to operationalize their data at scale. By uniting PK’s intelligence and analytics expertise with Yotabites’ deep proficiency in big data, we can now deliver unrivaled, end-to-end solutions that help our clients unlock the power of their data,” Vijay Ijju, PK Co-President.

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