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New Deal


Announced

Completed

Mastek completed the acquisition of BizAnalytica.

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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data cloud

IT Services: Other

Private

Friendly

Completed

Majority

Single Bidder

United States

Cross Border

modernization solutions

Acquisition

Synopsis

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Mastek, a digital engineering and cloud transformation partner that delivers innovative solutions and business outcomes to clients in Healthcare & Life Sciences, Retail, Manufacturing, Financial Services, Government/Public Sector, and more, completed the acquisition of BizAnalytica, a data cloud and modernization solutions provider. Financial terms were not disclosed. "As organizations increasingly embrace cloud solutions for their data, optimizing data assets throughout the value chain becomes critical for making informed decisions. This acquisition marks a pivotal milestone in accelerating our presence in data engineering, cloud services, and the rapidly evolving Generative AI domain. BizAnalytica's strong data cloud and modernization capabilities, along with its valuable partnerships with industry-leading cloud platforms, will enable us to decomplex the cloud transformation journey for our clients, delivering trust, value, and velocity," Hiral Chandrana, Mastek Group CEO.

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