M&A Deal Summary

Happiest Minds Technologies Pvt Acquires PureSoftware Technologies

On April 25, 2024, Happiest Minds Technologies Pvt acquired internet software and services company PureSoftware Technologies for 95M USD

Acquisition Highlights
  • This is Happiest Minds Technologies Pvt’s 1st transaction in the Internet Software and Services sector.
  • This is Happiest Minds Technologies Pvt’s largest (disclosed) transaction.
  • This is Happiest Minds Technologies Pvt’s 2nd transaction in the United States.

M&A Deal Summary

Date 2024-04-25
Target PureSoftware Technologies
Sector Internet Software and Services
Buyer(s) Happiest Minds Technologies Pvt
Deal Type Add-on Acquisition
Deal Value 95M USD

Target

PureSoftware Technologies

Noida, United States
website
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.

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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 4 of 4
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 4
Country (United States) 2 of 2
Year (2024) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-25 SMI

Madurai, India

SMI is a privately-held, global technology solutions provider offering a wide spectrum of technology solutions and services to meet client’s business needs. SMI was founded in 2006 and is based in Madurai, India.

Buy Rs1.1B