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New Deal


Announced

Completed

Everstone Group and Goldman Sachs Merchant Banking-backed Infostretch completed the acquisition of Apexon.

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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Acquisition

Friendly

Private

Private Equity

Majority

Digital Services

Domestic

Single Bidder

United States

information technology consulting

Completed

Synopsis

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Everstone Group and Goldman Sachs Merchant Banking-backed Infostretch, a digital engineering services firm, completed the acquisition of Apexon, an information technology consulting services provider. Financial terms are not disclosed. “The need for digital expertise continues to grow as organizations look for new ways to apply the latest technologies to drive their businesses forward. Through the merger with Apexon, we can offer new solutions and enhance the impact of our clients’ strategic digital initiatives in order to deliver on their critical business objectives. The Apexon team brings both scale and maturity and positions the company for long-term partnerships with our clients,” Rutesh Shah, Infostretch Co-Founder.

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