Announced
Financials
Tags
Friendly
Pending
digital engineering
Private
Digital Services
Private Equity
Minority
United States
Acquisition
Single Bidder
Synopsis
Goldman Sachs Merchant Banking Division and Everstone Group, a private equity firm, agreed to acquire a stake in Infostretch, a digital engineering services firm. Financial terms were not disclosed. “We’re very pleased to partner with Goldman Sachs and Everstone Group to continue our aggressive growth and expansion. The expertise and reputation we have built over the last fifteen years has put us in the position to advance the digital initiatives of some of the world's leading companies and brands. This investment will enable us to build on those strengths and take advantage of the growing need for more innovative digital solutions in verticals like healthcare, financial services and technology,” Rutesh Shah, Infostretch Co-Founder and CEO.
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