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New Deal


Announced

Completed

EPAM Systems completed the acquisition of Vates.

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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Majority

Single Bidder

Argentina

software development

Software

Acquisition

Private

Cross Border

Completed

Friendly

Synopsis

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EPAM Systems, a digital transformation services and product engineering company, completed the acquisition of Vates, software development company. Financial terms were not disclosed. "We're excited to join forces with EPAM and serve our clients at a greater scale with advanced technologies and services. Together, we combine an unmatched software engineering heritage and creativity to deliver enhanced multidisciplinary engagements to customers in the Americas and worldwide," Mario Barra, Vates Co-Founder.

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