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New Deal


Announced

Completed

Tech Mahindra completed the acquisition of BORN 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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Private

Digital Services

Single Bidder

United States

digital transformation projects

Acquisition

electronic commerce solutions

customer experience management

Completed

digital transformation

Majority

Friendly

Synopsis

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Tech Mahindra, an information technology services and business process outsourcing provider, completed the acquisition of BORN Group, a digital transformation agency with a focus on customer experience and enterprise commerce solutions. Financial terms were not disclosed. "We're delighted to welcome BORN Group to the Tech Mahindra family. The acquisition reinforces Tech Mahindra's focus on Digital and enhances our expertise in the Creative, Content, and Commerce space and establishes us as a significant player in the rapidly growing Electronic and Mobile Commerce segment globally," CP Gurnani, Tech Mahindra, Managing Director, and CEO.

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