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New Deal


Announced

Kainos Group to acquire the Workday unit of Cloudator.

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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Friendly

Digital Services

Cross Border

cloud solutions

Single Bidder

Majority

Private

Pending

Finland

Acquisition

Synopsis

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Kainos Group, a digital technology company, agreed to acquire the Workday unit of Cloudator, a provider of enterprise cloud applications. Financial terms were not disclosed. "We are delighted to welcome Cloudator's Workday team to Kainos as we continue to expand our Workday Practice. The team's expertise, experience and strong track record of customer delivery aligns with our business, and we are thrilled to have them on board," Brendan Mooney, Kainos CEO.

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