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Announced

Completed

Atos completed the acquisition of Maven Wave Partners.

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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Completed

Majority

Single Bidder

Friendly

IT Services: Other

technology consultancy

United States

Private

Acquisition

Private Equity

Synopsis

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Atos, a European multinational information technology service and consulting company, completed the acquisition of Maven Wave Partners, a provider of technology consultancy. Financial terms were not disclosed. "The acquisition of Maven Wave, coupled with the capabilities from our Syntel acquisition in 2018, strengthens our global leadership position delivering Google Cloud solutions. Further, as the company’s largest region, Atos North America now has a potent combination to further accelerate the transformation of its business as we deepen the development and delivery speed of digital services for our customers. Atos will also allow Maven Wave to extend its excellence into Europe and other regions of the Group. Finally, Maven Wave perfectly represents the company’s acquisition strategy, by reinforcing a key expertise of the Group to serve its organic growth acceleration," Elie Girard, Atos CEO.

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