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New Deal


Announced

Endava to acquire Exozet.

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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Germany

Software

digital transformation

Private

Friendly

Acquisition

Pending

Majority

Single Bidder

Synopsis

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Endava, a next-generation technology services provider, agreed to acquire Exozet, an agency for digital transformation. Financial terms were not disclosed. “I am very pleased to bring Exozet into the Endava family. Exozet’s focus is well aligned with Endava’s approach to digital transformation and innovation and gives a significant boost to our close-to-client German-speaking talent. Additionally, Exozet expands our credentials in immersive experiences, media management and the automotive and broadcasting sectors, all areas for which we see strong demand. Exozet’s product offering, combined with Endava’s wider skillset and capacity, can expand the opportunities for our existing clients as well as for new ones,” John Cotterell, Endava’s CEO.

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