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Announced

Completed

FPT completed the acquisition of Cardinal Peak.

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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Private

software product engineering

Software

Cross Border

United States

Completed

Majority

Acquisition

Friendly

Single Bidder

Synopsis

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FPT, a technology and IT services provider, completed the acquisition of Cardinal Peak, a strategic move to strengthen its product engineering delivery capabilities in North America. Financial terms were not disclosed. “We have been very impressed by the capabilities, culture, and resources at FPT,” Mark Carrington, Cardinal Peak CEO.

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