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Announced

Completed

Argano completed the acquisition of Echelon Solutions Group for $35m.

Financials

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Transaction Value£29m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

business cloud solutions

Completed

Private

Acquisition

Digital Services

Domestic

Friendly

United States

Majority

Synopsis

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Argano, a business and technology services provider, completed the acquisition of Echelon Solutions Group, an end-to-end SAP Cloud based solutions provider, for $35m. "Over the last several years, we have made significant investments in our services offerings to help our clients reimagine how they do business, which aligns well with Argano's strategy. We are thrilled to join Argano and look forward to bringing our expertise and contributing to the company's ongoing success," Aditya Bahl, Echelon CEO.

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