Announced

EQT-backed Indium to acquire a majority stake in Experion.

Synopsis

EQT-backed Indium, a digital engineering company, agreed to acquire a majority stake in Experion, a product engineering services company. Financial terms were not disclosed. “The synergies and complementary capabilities of Indium and Experion will meaningfully amplify our ability to deliver superior digital and product engineering solutions to customers. We are confident of unlocking multiple new opportunities with both existing and new clients, and have set a revenue target of USD 150m for the next financial year. We are incredibly excited to welcome the Experion team to our family, and we look forward to further strengthening our culture of engineering excellence, coupled with exceptional customer experience," Ram Sukumar, Indium CEO and Co-founder.

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