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New Deal


Announced

Completed

Virtusa completed the acquisition of BRIGHT.

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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United Kingdom

digitalization and automation

Digital Services

Acquisition

Private

Majority

Friendly

Cross Border

Single Bidder

Completed

Synopsis

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Virtusa, a global provider of digital strategy, digital engineering, and information technology services, completed the acquisition of BRIGHT, an IT company specializing in digitalization and automation initiatives. Financial terms were not disclosed. "The synergies between our team's end-to-end approach, our focus on innovation, and our commitment to becoming an extension of our client's teams will solidify us as the partner of choice for digital transformation initiatives powered by Splunk and ServiceNow," Santosh Thomas, Virtusa CEO.

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