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Announced

Completed

DMI completed the acquisition of the Ambit Group.

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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Private

Majority

Completed

Acquisition

Domestic

Single Bidder

Friendly

data analytics

Digital Services

United States

Synopsis

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DMI, a digital transformation services provider, completed the acquisition of the Ambit Group, a provider of data analytics, cybersecurity, and mission support services to the US Government. Financial terms were not disclosed. "Demand for IT modernization services leveraging the latest digital innovation and capabilities has never been greater. With this addition, we combine Ambit's comprehensive data management, analytics, and cybersecurity services with our cross-industry, digital transformation expertise to help drive the next generation of digital government," Sunny Bajaj, DMI Founder and CEO.

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