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Announced

Completed

EPAM Systems completed the acquisition of Virtuace.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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software systems

it consulting

United States

Domestic

Acquisition

Private

Completed

Software

Majority

Friendly

Single Bidder

Synopsis

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EPAM Systems, a company that provides software product development and digital platform engineering services to clients located around the world, completed the acquisition of Virtuace, an information technology consulting company that develops enterprise-scale software systems for various clients. Financial terms were not disclosed.

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