M&A Deal Summary

Material Acquires Srijan

On September 15, 2022, Material acquired information technology company Srijan

Acquisition Highlights
  • This is Material’s 1st transaction in the Information Technology sector.
  • This is Material’s 1st transaction in India.

M&A Deal Summary
Date 2022-09-15
Target Srijan
Sector Information Technology
Buyer(s) Material
Deal Type Add-on Acquisition

Target

Srijan

New Delhi, India
website
Srijan is a global digital engineering firm that offers bespoke digital experience services powered by in-house accelerators, to a wide range of industries from enterprises to non-profits. Srijan was founded in 2002 and is based in New Delhi, India.

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Buyer(S) 1

Buyer

Material

Los Angeles, California, United States

website

Category Company
Founded 1973
Sector Marketing
DESCRIPTION

Material is an integrated marketing services company that leverages deep human understanding to help brands deliver material outcomes and experiences for their customers and the communities they serve. Material was founded in 1973 and is based in Los Angeles, California.

DEAL STATS #
Overall 11 of 11
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 11 of 11
Country (India) 1 of 1
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-13 Aruliden

New York, New York, United States

Aruliden is a global design agency that specializes in building purposeful brands from product to launch. Aruliden's teams pragmatically solve problems through the power of design excellence, bringing ideas from ideation through to launch. Aruliden was founded in 2006 and is based in New York City.

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