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New Deal


Announced

Completed

Navisite completed the acquisition of Privo.

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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it consulting

Completed

United States

Private

Friendly

Digital Services

Single Bidder

Acquisition

Majority

technology services

Domestic

Synopsis

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Navisite, an application software products provider, completed the acquisition of Privo, the US IT consulting firm. Financial terms were not disclosed. "Privo's strong market reputation as an APN Premier Consulting Partner and highly skilled, certified experts are the perfect complement to our AWS practice and overall managed cloud service portfolio. With this acquisition, we'll be able to deliver greater breadth and depth of services to help organizations migrate to the cloud, lower costs and accelerate their IT transformation. We're excited to welcome Privo's team to Navisite and look forward to what our combined capabilities will bring to the market and our customer base," Mark Clayman, Navisite CEO.

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