Also in August, Doosan Robotics acquired ONExia for $23 million. Doosan, a recognized robotics leader, expands its IT/OT integration capabilities through this acquisition, adding automation-heavy services that align with the increasing demand for robotics-enabled digital transformation.
In August, V2X acquired the non-core federal IT services business of QinetiQ Group for $31 million. The transaction enhances V2X’s mission-critical IT operations support capabilities, reinforcing its role as a key provider of technology services to U.S. government and defense agencies, while allowing QinetiQ to streamline its portfolio and focus on core defense priorities.
In September, Everon acquired the business-to-business segments of ADT’s multifamily business for $55 million. The acquisition strengthens Everon’s position in security systems integration and infrastructure security services, expanding its customer base and capabilities in the U.S. market.
In August, Infosys Technologies acquired Versent for $114 million. Versent provides digital transformation and IT services, and the deal strengthens Infosys’ presence in the Australian market while expanding its capabilities in enterprise cloud and infrastructure modernization.
In April, KKR acquired DATAGROUP for $276 million at a 1.1x revenue multiple, adding a strong managed IT services and consulting platform in Europe to its portfolio. The cross-border deal illustrates continued consolidation in the managed services space and signals KKR’s confidence in digital infrastructure across the DACH region.
Earlier in May, Blackstone acquired TaskUs for $461 million at a 0.6x revenue multiple. TaskUs delivers global BPO and digital transformation services, with a strong focus on AI-enabled customer experience. This large-scale deal reinforces private equity’s growing investment in automation-driven service models.
In May, Zscaler acquired Red Canary for $675 million at a 5.4x revenue multiple, making it one of the highest-valued transactions of the period. Red Canary is a leading provider of managed detection and response, security operations center capabilities and threat intelligence. The acquisition enhances Zscaler’s threat detection and response portfolio, strengthening its leadership in enterprise cybersecurity.
In March, Agilitas Private Equity acquired TietoEVRY’s Tech Services unit for $248.8 million. The carve-out creates a strong Nordic IT services platform focused on AI, cloud infrastructure and security.
Proact IT Group boosted its Azure consulting capabilities with the $20.7 million acquisition of UK-based BlakYaks at a 2.9x sales multiple. The deal supports Proact’s European growth strategy in cloud automation and DevOps.
In February, ASGN acquired TopBloc for $340 million to expand its digital transformation offerings. TopBloc is a Workday consulting partner focused on cloud-based HCM and financial management, enhancing ASGN’s enterprise SaaS capabilities.
