Temasek-backed UST completed the acquisition of Leonardo.

Temasek-backed UST, a digital transformation solutions company, completed the acquisition of Leonardo, a provider of business process improvement, automation, and integration services. Financial terms were not disclosed. “We are thrilled to join forces with UST, a significant milestone for Leonardo. Our partnership with UST opens a realm of new possibilities. We are excited about the expanded digital services we can offer our clients. This collaboration signifies our commitment to growing alongside our customers, providing them with unparalleled digital solutions, and harnessing the power of AI to unlock new levels of productivity and insight into their business,” Stephen Chetcuti, Leonardo Chief Executive Officer.