Deal Value

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. 

In August 2023, GTCR acquired the commercial fire and security segment of ADT company for $1.6B.

Capital Appreciation acquired South African software engineering and development services provider Dariel Solutions for $4.7 million.

Indian company KFin Technologies acquired AI, machine learning and mobility solutions developer WebileApps for $1.3 million. 

In November, real estate business process outsourcing (BPO) services Eximius BPO based in the Philippines was acquired by real estate business productivity software company NTrust Infotech. This acquisition will enable NTrust to significantly boost Eximius BPO’s capabilities and expand the client-base which it currently serves.