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Insight completed the acquisition of Amdaris.

Announced

Completed

Transaction Tags

  • Acquisition
  • Cross Border
  • Majority
  • Completed
  • Single Bidder
  • software development
  • Friendly
  • United Kingdom
  • Software
  • Private

Synopsis

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.

Sources

Press Release

Insight

Transaction Value

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Consideration Type

Cash

Capital Owned

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Capital bid for

100%

EV/Sales

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EV/EBITDA

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Share Price Premium

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Service Providers (5)Dealmakers
KPMG

financial advisors

KPMG

Tlt

legal advisors

Tlt

Grant Thornton

financial advisors

Grant Thornton

Armstrong Teasdale

legal advisors

Armstrong Teasdale

Pcb Partners

financial advisors

Pcb Partners

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