M&A Deal Summary

Cognizant Acquires New Signature

On July 28, 2020, Cognizant acquired internet software and services company New Signature

Acquisition Highlights
  • This is Cognizant’s 6th transaction in the Internet Software and Services sector.
  • This is Cognizant’s 16th transaction in the United States.
  • This is Cognizant’s 1st transaction in District of Columbia.

M&A Deal Summary
Date 2020-07-28
Target New Signature
Sector Internet Software and Services
Buyer(s) Cognizant
Deal Type Add-on Acquisition

Target

New Signature

Washington, District of Columbia, United States
website
New Signature, Inc. is a cloud based Microsoft National Solution provider to drive transformational results for clients across all company sizes, geographies, and industries. New Signature was founded in 2003 and is based in Washington, District of Columbia.

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Buyer(S) 1

Buyer

Cognizant

Teaneck, New Jersey, United States

website

Category Company
Founded 1994
Sector Information Technology
Employees355,300
Revenue 19.4B USD (2022)
DESCRIPTION
Cognizant's office in Hyderabad, India.
Cognizant's office in Hyderabad, India.

Cognizant is a provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Cognizant was incorporated in 1994 and is based in Teaneck, New Jersey.

DEAL STATS #
Overall 39 of 54
Sector (Internet Software and Services) 6 of 8
Type (Add-on Acquisition) 32 of 45
State (District of Columbia) 1 of 1
Country (United States) 16 of 26
Year (2020) 4 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-05 Collaborative Solutions

Reston, Virginia, United States

Collaborative Solutions LLC is a global Finance and HR Transformation consultancy that leverages cloud solutions to help deliver successful outcomes for its customers. Collaborative Solutions has executed over 275 Workday Financial Management, HCM, and Payroll deployments for global Fortune 500 companies, medium-sized businesses, and education and government institutions. Collaborative Solutions was founded in 2003 and is based in Reston, Virginia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-25 Tin Roof Software

Atlanta, Georgia, United States

Tin Roof Software is a designer, developer, and manages end-to-end e-Commerce solutions for clients across a variety of industries including media and broadcasting, retail, and healthcare. Tin Roof Software was established in 2014 and is based in Atlanta, Georgia.

Buy -
Mergr

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