M&A Deal Summary

Happiest Minds Technologies Pvt Acquires Aureus

On May 9, 2024, Happiest Minds Technologies Pvt acquired information technology company Aureus

Acquisition Highlights
  • This is Happiest Minds Technologies Pvt’s 4th transaction in the Information Technology sector.
  • This is Happiest Minds Technologies Pvt’s 3rd transaction in the United States.
  • This is Happiest Minds Technologies Pvt’s 1st transaction in Colorado.

M&A Deal Summary

Date 2024-05-09
Target Aureus
Sector Information Technology
Buyer(s) Happiest Minds Technologies Pvt
Deal Type Add-on Acquisition
Advisor(s) Ernst & Young Capital Advisors LLC (Financial)

Target

Aureus

Denver, Colorado, United States
website
Aureus is a niche Azure native digital product engineering company focused on digital transformation using Data, AI and application modernization. Aureus was founded in 2008 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer
DESCRIPTION

Happiest Minds enables digital transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights through an integrated set of disruptive technologies: big data analytics, internet of things, mobility, cloud, security, unified communications, SDN-NFV, etc. Happiest Minds offers domain-centric solutions applying skills, IPs and functional expertise in IT services, product engineering, infrastructure management and security. These services have applicability across industry sectors such as retail, consumer packaged goods, e-commerce, banking, insurance, hi-tech, engineering R&D, manufacturing, automotive and travel/transportation/hospitality. Headquartered in Bangalore, India; Happiest Minds has operations in the US, UK, The Netherlands, Australia, Middle East and Turkey.


DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 4 of 4
Type (Add-on Acquisition) 5 of 5
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-25 PureSoftware Technologies

Noida, United States

PureSoftware Technologies is a digital engineering & transformation services and solutions provider focused verticals which include banking & financial services and insurance (BFSI), healthcare & life sciences, retail & logistics, and gaming &entertainment. PureSoftware Technologies was founded in 2005 and is based in Noida, India.

Buy $95M