Announced
Completed
Financials
Tags
Private
technology services
Cross Border
Completed
computer programming services
United Kingdom
Acquisition
Friendly
IT Services: Other
Majority
Single Bidder
Synopsis
IFS, which develops and delivers enterprise software for customers around the world, completed the acquisition of Clevest Solutions, the provider of mobile workforce management and advanced network deployment solutions. Financial terms were not disclosed. "Clevest demonstrates a clear commitment to delivering value for its customers in a key industry vertical for us. Clevest is already leveraging technology that brings unique business value to its customers, including Smart Metering, Smart Networks, Mobile Workforce Management and additional capabilities around optimization of scheduling dispatch-all with the ability to digitize core processes across the use cases that matter most to utilities," Darren Roos, IFS CEO.
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