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New Deal


Announced

Completed

Infosys completed the acquisition of Simplus for $197m.

Financials

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Transaction Value£155m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Private

Single Bidder

Software

information technology

software

United States

Majority

Cross Border

Disposal

Private Equity

Completed

Synopsis

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Infosys, a global company in next-generation digital services and consulting, completed the acquisition of Simplus, which provides enterprise-wide digital transformation solutions, for $197m. "The acquisition reaffirms our continuous endeavor to strengthen our strategy of scaling our Agile Digital and cloud-first digital transformation capabilities. This acquisition is key to staying relevant to the digital priorities of our clients and demonstrates our commitment to the Salesforce ecosystem. The strategic combination of scalable and agile global delivery capabilities of Simplus complements our effort to help global enterprises to transform their businesses. We are excited to welcome Simplus and its leadership team into the Infosys family," Pravin Rao, Infosys Chief Operating Officer.

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