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New Deal


Announced

NCS to invest in Eighty20 Solutions.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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cloud transformation

Single Bidder

Friendly

Acquisition

Digital Services

Cross Border

Australia

cloud solutions

Majority

Private

Pending

Synopsis

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NCS, a multinational information technology and communications engineering company, agreed to invest in Eighty20 Solutions, an Australian cloud transformation specialist. Financial terms were not disclosed. "Since starting our operations last December, we have expanded our presence in Australia with the launch of NCS NEXT Cloud Centre of Excellence and the recent acquisition of Riley, a cloud consultancy with dedicated expertise in Google cloud applications. The addition of Eighty20’s unique capabilities in digital, cloud and workplace transformation across Microsoft cloud platforms will complement our existing technology practices, allowing us to meet the needs of our clients with a ‘best-of-cloud’ service portfolio," Andre Conti, NCS Head of NEXT Solutions, Australia.

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