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New Deal


Announced

Completed

Cognizant completed the acquisition of Utegration.

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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United States

Domestic

Private

Acquisition

Majority

Friendly

IT Services: Other

Single Bidder

Completed

it services

Private Equity

Synopsis

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Cognizant, an information technology services and consulting company, completed the acquisition of Utegration, a full-service consulting and solutions provider specializing in SAP technology. Financial terms were not disclosed. "We believe Utegration's rich industry expertise and differentiated portfolio of energy and utilities-focused products and accelerators is a perfect complement to our SAP practice. In bringing together Utegration's experienced, specialist team with our global scale in SAP and digital transformation, we have a strong new set of capabilities designed to address the market's critical transformation needs," Rob Vatter, Cognizant Executive Vice President.

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