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New Deal


Announced

Completed

BPEA EQT-backed Virtusa completed the acquisition of ITMAGINATION.

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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Cross Border

technology consultancy

IT Services: Other

Completed

Poland

Acquisition

Friendly

Single Bidder

Private

Private Equity

Majority

Synopsis

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BPEA EQT-backed Virtusa, a global provider of digital strategy, digital engineering, and information technology services, completed the acquisition of ITMAGINATION, a technology consultancy headquartered in Warsaw, Poland. Financial terms were not disclosed. "We are excited to welcome ITMAGINATION to the Virtusa family. Their deep technical expertise and strong track record of delivering transformative digital solutions align perfectly with Virtusa's vision of empowering businesses to thrive in the digital age. Together, we will be better positioned to address the evolving needs of our clients and drive innovation at scale," Santosh Thomas, Virtusa CEO.

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