M&A Deal Summary

COFORGE Acquires ROOM Solutions

On May 8, 2006, COFORGE acquired software company ROOM Solutions for 53M USD

Acquisition Highlights
  • This is COFORGE’s 1st transaction in the Software sector.
  • This is COFORGE’s largest (disclosed) transaction.
  • This is COFORGE’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2006-05-08
Target ROOM Solutions
Sector Software
Buyer(s) COFORGE
Deal Type Add-on Acquisition
Deal Value 53M USD
Advisor(s) Mufson Howe Hunter & Co., LLC (Financial)

Target

ROOM Solutions

London, United Kingdom
website
ROOM Solutions Limited, US-based Insurance Solutions Provider headquartered in London, England.

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Buyer(S) 1

Buyer

COFORGE

New Delhi, India

website


Category Company
Founded 1992
Sector Information Technology
Employees22,130
Revenue 64.3B INR (2022)
DESCRIPTION

COFORGE is a global IT solutions organization addressing the requirements of clients across the Americas, Europe, Asia, and Australia. NIIT Technologies services clients in travel and transportation, banking and financial services, insurance, manufacturing, and media verticals, offering a range of services, including Application Development and Maintenance, Infrastructure Management, and Business Process Management. Focused on Digital Services, the Company is helping businesses design agile, scalable, and digital operating models. COFORGE was founded in 1992 and is based in New Delhi, India.


DEAL STATS #
Overall 1 of 4
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 3
Country (United Kingdom) 1 of 1
Year (2006) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-08-16 Proyecta Sistemas De Informacion S.A.

Madrid, Spain

Proyecta Sistemas De Informacion S.A. is a software services company. Proyecta offers IT services in focused areas of tourism, airlines, financial services and banking.

Buy $7M