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Announced

Completed

Insight completed the acquisition of Amdaris.

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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Acquisition

Cross Border

Majority

Completed

Single Bidder

software development

Friendly

United Kingdom

Software

Private

Synopsis

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Insight, an IT services company, completed the acquisition of Amdaris, a software development company. Financial terms were not disclosed. “With the business landscape in a constant state of change, IT products and services have become integral: every business must be digital now, and they must move quickly to achieve it. Organisations need a partner to advise, design, build and implement their future business models using technology, accelerating their digital journey. With Amdaris, Insight’s position as a leading Solutions Integrator will be enhanced, and clients will be provided with even more capabilities in application development and digital consulting. Amdaris clients in turn gain access to our deep expertise in cloud, data, AI, cybersecurity and intelligent edge, augmented by Insight’s longstanding relationships with more than 6k technology partners across the globe,” Adrian Gregory, Insight EMEA President.

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