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New Deal


Announced

66degrees to merge with Pandera Systems.

Financials

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

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Domestic

United States

software development

Majority

Private

Friendly

Software

Single Bidder

Acquisition

Merger

Private Equity

Pending

Synopsis

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66degrees, a Google cloud premier partner, agreed to merge with Pandera Systems, a full service analytics and technology consulting firm. Sunstone Partners participates in the deal. Financial terms were not disclosed. “The 66degrees and Pandera merger brings together two of the most advanced Google Cloud services firms on the planet. Our primary focus for the last 12 years has been helping our customers design and build innovative data solutions that truly enable data driven decision-making at scale. Joining forces with 66degrees, we will now also be able to offer our customers world class capabilities covering cloud migrations, infrastructure, security, application modernization, and enterprise productivity. We are excited to be able to expand 66degrees’ data and analytics and AI/ML capabilities to their existing customers," Kevin Curley, Pandera Systems CEO.

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