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Announced

Completed

emids completed the acquisition of FlexTech.

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

it services

Friendly

United States

Private

IT Services: Other

Single Bidder

Majority

technology services

Acquisition

Synopsis

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emids, a digital engineering and transformation solutions provider, completed the acquisition of FlexTech, an information technology consulting company. Financial terms were not disclosed. “The need for deep domain expertise combined with digital transformation capabilities is vital as our payer and ‘payvider’ clients expand their government-sponsored business lines, and we’re excited to bring our clients the proven payer platform expertise that FlexTech has built over 30+ years, delivering more than 250 core platform implementation programs,” Saurabh Sinha, emids Founder and CEO.

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