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New Deal


Announced

Completed

Service Express completed the acquisition of third-party maintenance division of Zensar Technologies.

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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Majority

Cross Border

Friendly

it services

Completed

IT Services: Other

Private

Single Bidder

India

Acquisition

Synopsis

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Service Express, an IT services provider, completed the acquisition of third-party maintenance division of Zensar Technologies, an IT services provider. Financial terms were not disclosed. "Zensar has helped to expand the third-party maintenance industry and we're excited that they've chosen Service Express as the best partner to support their maintenance customers going forward," Ron Alvesteffer, Service Express President and CEO.

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