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New Deal


Announced

Endava to acquire Levvel.

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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it consulting

Domestic

Pending

Private

Acquisition

IT Services: Other

United Kingdom

Friendly

Majority

Single Bidder

Synopsis

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Endava, a public-listed software development company, agreed to acquire Levvel, an IT consulting firm. Financial terms were not disclosed. "Levvel’s strong leadership team will be additive to the continued expansion of our US business. Their approach to digital transformation and innovative culture are well aligned with Endava’s. Their strength in payments, banking, media and mobility in particular will complement and accelerate our existing business," John Cotterell, Endava CEO.

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