Deal Value

EPAM acquired the Argentina-based IT services company Vates, aiming to expand its reach in Latin America. 

In February, British software development company Endava made a significant move, acquiring American IT and consulting services firm GalaxE for $375 million. This acquisition of GalaxE by Endava is poised to amplify Endava's North American footprint, enrich its expertise in the US healthcare market, establish delivery operations in India, and fortify platform capabilities for digital transformation. 

In February, the employment background screening and verification SaaS company First Advantage acquired Sterling Check for $1.5 billion, aiming to expand its portfolio and customer base, thereby enhancing its market position and fostering long-term growth.

In Canada, the Calian Group acquired IT infrastructure and cybersecurity services company Decisive Group for $54.4 million. This acquisition fortifies Calian's IT and cybersecurity services for diverse clients, further supporting its global growth initiatives.

Later in December, GlobalLogic, a Hitachi company, acquired Katzion Technology Solutions, an Australian-based IT services provider for businesses in the automotive sector.

In December, the Australian company GSTechnologies acquired the Singapore-based AI-driven cybersecurity integration firm Semnet for $1.8 million, reinforcing its cybersecurity capabilities and securing the Neobank ecosystem worldwide, in line with the company's dedication to fintech innovation.

In November IT consulting services for businesses and public sector company Guidehouse was acquired by private equity firm Bain Capital for $5.3B.

In September, another identity and access specialist, Regatta Solutions, which focuses on SailPoint IAM software integration, was acquired by United Kingdom-based ProofID to expand its SailPoint practice into Europe. 

HCLTech acquired Germany's ASAP Holding, an automotive engineering company, for $276 million, bolstering its advanced technology capabilities within the rapidly expanding automotive engineering services sector. 

In August, Parsons Corporation acquired cyber and technology company Sealing Technologies for $175M to expand Parson’s customer base across the Department of Defense and Intelligence Community.