Apollo Global Management and Hudson Executive Capital spent $1.5B on transaction processing services provider Cardtronics. Apollo helps accelerate growth through investment in the Company’s network to deliver new products.
The federal business of Unisys was sold for $1.2B to tech integrator SAIC in its quest to become a leading IT modernization provider in the government services market.
Software development company Virtusa was acquired for $2B by Asian private equity firm Baring Private Equity Partners.
The health and human services business of DXC Technology was acquired for $5B by Veritas Capital.
Luxembourg-based Globant acquired Spanish cloud and digital transformation services company Grupo Assa for $62M to broaden its expertise in Life Sciences, CPG, Manufacturing and Logistics. With this acquisition, Globant broadens its expertise in Life Sciences, CPG, Manufacturing and Logistics.
GlobalSCAPE was picked up by HelpSystems to augment its data security business, valuing the company at about $178M, 5.4 times revenue. Globalscape's cloud-based and on-premise solutions that help organizations secure movement, automation, and integration of data both in and out of the cloud would augment HelpSystems' data security business.
In July, Capgemini acquired WNS for $3.5 billion at a 2.8x revenue multiple. WNS provides business process outsourcing services globally, including analytics, customer experience management, finance and accounting and GRC services. It also offers AI-based omni-channel customer engagement software. The acquisition significantly enhances Capgemini’s outsourced IT services capabilities, strengthening its position in global BPO and digital customer engagement.
In August, Bain Capital acquired HSO Group for $1 billion. HSO is a leading Microsoft-partnered digital transformation services provider with expertise in business and AI transformation, cloud and AI application integration and enterprise support. The deal underscores strong private equity interest in scalable IT services platforms, particularly those closely aligned with Microsoft’s enterprise ecosystem.
"Anti-phishing acquirers strike a second time in three weeks, as a pair of private equity firms, Pamplona Capital Management and BlackRock Capital, acquire Cofense, formerly known as PhishMe. The company is renaming itself to Cofense, to reflect its pursuit of a strategy that goes beyond anti-phishing and security awareness offerings to integrate intelligence in exploits of human behavior with security operations.
"Announcing its second-largest information security (infosec) acquisition, Cisco says it will pay $2.4bn for Duo Security, adding identity and access management to the networking's giant ever-expanding security portfolio. Cisco has now purchased 14 infosec vendors since the start of the decade, making it the most active buyer in the sector in recent years, according to 451 Research's M&A KnowledgeBase.
