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Announced

Completed

10Pearls completed the acquisition of TCT Computing Group.

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: Other

Acquisition

United States

Single Bidder

Private

consulting services

Domestic

Friendly

it consulting

Majority

Synopsis

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10Pearls, an end-to-end digital technology services company, completed the acquisition of TCT Computing Group, a testing, quality assurance, and consulting services provider based in Columbia, Maryland. Financial terms were not disclosed. "The Covid economy demands accelerated delivery. Automated testing is critical for enterprises to get products out the door quickly and reliably. The addition of TCT is strategic in bolstering 10Pearls’ capabilities to better serve enterprise customers. We are thrilled to welcome a strong industry subject matter expert, Sarah Roderus, and her team to 10Pearls," Imran Aftab, 10Pearls CEO.

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