Key Transactions

IBM acquired SkyArch Networks

Announced: May 2024

Also in May, IBM acquired Japan-based cloud development company SkyArch Networks, enhancing IBM's AWS expertise and supporting cloud transformation efforts in Japan. 

IBM acquired SkyArch Networks IBM acquired SkyArch Networks

BCS acquired Allegient Defense

Announced: May 2024 Deal Value: $8.5M

In May, BCS acquired engineering and related IT services company Allegient Defense for $8.5M, creating a larger entity focused on energy and defense programs. 

BCS acquired Allegient Defense BCS acquired Allegient Defense

Infosys acquired in-tech

Announced: April 2024

Also in April, German engineering and vehicle development company in-tech was acquired by Indian global IT services provider Infosys, strengthening its engineering R&D capabilities and expanding its expertise in the German automotive industry. 

Infosys acquired in-tech Infosys acquired in-tech

Deloitte acquired Gryphon Scientific Business

Announced: April 2024

In April, Deloitte acquired all the assets of Gryphon Scientific Business, enhancing its biosafety, biosecurity, and AI-driven public health capabilities.

Deloitte acquired Gryphon Scientific Business Deloitte acquired Gryphon Scientific Business

5G Networks acquired Security Shift Group

Announced: January 2024 Deal Value: $2.6M

Australian company 5G Networks completed the acquisition of cybersecurity consultancy and end-to-end managed services company, Security Shift Group, for $2.6 million. This strategic move is poised to facilitate the expansion of services to its extensive portfolio of corporate clientele. 

5G Networks acquired Security Shift Group 5G Networks acquired Security Shift Group

Alivia Analytics acquired SourcEdge Solutions

Announced: February 2024

In February, Alivia Analytics acquired healthcare systems modernization services company SourcEdge Solutions to empower healthcare payers with an end-to-end claims solution. 

 Alivia Analytics acquired SourcEdge Solutions  Alivia Analytics acquired SourcEdge Solutions

Software Mind acquired Number8

Announced: March 2024 Deal Value: $40M

Polish buyer Software Mind acquired Number8 for $40 million, with a similar rationale of bolstering their teams with diverse expertise and expanding their market presence.    

Software Mind acquired Number8 Software Mind acquired Number8

Mega Deals

EQT acquired Perficient

Announced: May 2024 Deal Value: $2.7B

In May, Swedish private equity firm EQT acquired IT consulting services company Perficient for $2.7B. 

EQT acquired Perficient EQT acquired Perficient

TDR Capital LLP and I Squared Capital Advisors acquired Applus

Announced: April 2024 Deal Value: $1.8B

In April, Spanish Testing, Inspection, and Certification services company Applus was purchased by UK-based private equity firms TDR Capital LLP and I Squared Capital Advisors for $1.8B. 

TDR Capital LLP and I Squared Capital Advisors acquired Applus TDR Capital LLP and I Squared Capital Advisors acquired Applus

Cognizant acquired Belcan

Announced: June 2024 Deal Value: $1.3B

In June, Cognizant acquired project management and staffing services company Belcan for $1.3B, enhancing its position in the expansive and rapidly growing ER&D services market. 

Cognizant acquired Belcan Cognizant acquired Belcan

Growth and Exit Consulting

If you are aiming to learn about the key deals and valuations for data seurity companies, then you've come to the right place. With our report, you'll get valuable information that will inform the future of your company, and educate yourself on the current trends in the market.