COFORGE - M&A Summary and Business Overview

Information TechnologyCompany

COFORGE M&A Summary

COFORGE has acquired 4 companies, including 1 in the last 5 years.

COFORGE’s largest acquisition to date was in 2006, when it acquired ROOM Solutions for $53M. COFORGE has acquired in 3 countries. The Company’s most targeted sectors include information technology (75%) and software (25%).

COFORGE Business Overview

Where is COFORGE headquartered?

COFORGE is headquartered in New Delhi, India.

What is COFORGE’s revenue?

COFORGE disclosed revenue of 64,320M INR for 2022 and 46,628M INR for 2021.

How many employees does COFORGE have?

COFORGE has 22,130 employees.

What sector is COFORGE in?

COFORGE is an information technology company.

When was COFORGE founded?

COFORGE was founded in 1992.

M&A Summary

  • M&A Total Activity4
    • M&A Buy Activity4
  • Total Sectors Invested 2
  • Total Countries Invested 3

COFORGE

COFORGE Ltd.

8, Balaji Estate Third Floor Guru Ravi Das Marg Kalkaji,
New Delhi, 110019
India,
+91 11 4102 9297
www.coforgetech.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 4 - - - - - 4
vol $60M $60M
Sell (0.0/yr) # - - - - - - 0
  4

Most Recent M&A

Company Date Value Type
WHISHWORKS IT Consulting Pvt. Ltd. 2019-04-06 - Add-on Acquisition
Hyderabad, India · www.whishworks.com
Incessant Technologies Pvt. Ltd. 2015-05-06 - Stake Purchase
Hyderabad, India · www.incessanttechnologies.com
Proyecta Sistemas De Informacion S.A. 2011-08-16 7M USD Add-on Acquisition
Madrid, Spain · www.proyecta.es
ROOM Solutions Ltd. 2006-05-08 53M USD Add-on Acquisition
London, United Kingdom · www.roomuw.co.uk
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 3 (75%) 7M (12%) - -
Software 1 (25%) 53M (88%) - -
Total 4 $60M - -

By Geo

State/Country Buy Value Sell Value
India 2 - - -
Spain 1 7M - -
United Kingdom 1 53M - -
Domestic 2 (50%) - - -
Cross-border 2 (50%) 60M (100%) - -
Total 4 $60M - -

Deal Values

buy # Total
< $100M 2 $60M
TOTAL $60M
Largest ROOM Solutions Ltd.
$53M (2006-05-08)

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