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New Deal


Announced

EVOTEK to acquire Mystic River.

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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Single Bidder

Majority

Pending

Information / Data Services

Friendly

intelligent automation

Domestic

Private

United States

Acquisition

Synopsis

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EVOTEK, enabler of secure digital business, agreed to acquire Mystic River, an intelligent automation services provider. Financial terms were not disclosed. "Robotic Process Automation is the next frontier to support the digital workforce movement. This acquisition is about much more than a purchase of brilliant ideas and technology. This is about the coming together of relationships and cultures. I have known Brian for nearly a decade and previously built a successful business together. He is the perfect addition to EVOTEK, as is the next-generation business he founded. This will be another differentiator for the company, further highlighting that the days of the box-pushing-VARs are over," Cesar Enciso, EVOTEK Founder and CEO.

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