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New Deal


Announced

Bain to acquire Pangea.

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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data science

Italy

Cross Border

Acquisition

Majority

Single Bidder

Private

Friendly

Software

Pending

Synopsis

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Bain, a global management consultancy, agreed to acquire Pangea, an Italian data science boutique. Financial terms were not disclosed. "The acquisition of Pangea is a substantial addition to our digital capabilities in Europe and enhances our analytics toolset both in Italy and beyond. In the current climate, the need to leverage data to shape business strategy is more important than ever and our four Digital Innovation Hubs spread in key European locations allow us to work hand-in-hand with our clients in their transformation journeys," Domenico Azzarello, Bain EMEA Managing Partner.

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