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New Deal


Announced

Cydecor completed the acquisition of InnovaSystems.

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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Majority

software services

United States

Private

Single Bidder

Acquisition

it services

Software

Domestic

Completed

Friendly

Synopsis

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Cydecor, a software developer, completed the acquisition of InnovaSystems, an IT and software services provider. Financial terms were not disclosed. “InnovaSystems deepens our software development expertise and puts Cydecor at the forefront of defense readiness as a leading solutions provider for national security technology," Nader Elguindi, Cydecor President and CEO.

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