Mindtree - M&A Summary and Business Overview

Information TechnologyCompany

Mindtree M&A Summary

Mindtree has acquired 7 companies, including 1 in the last 5 years.

Mindtree’s largest acquisition to date was in 2015, when it acquired Discoverture Solutions for $15M. Mindtree has acquired in 3 different US states, and 3 countries. The Company’s most targeted sectors include information technology (86%) and technology hardware (15%).

Mindtree Business Overview

Where is Mindtree headquartered?

Mindtree is headquartered in Bengaluru, India.

What sector is Mindtree in?

Mindtree is an information technology company.

When was Mindtree founded?

Mindtree was founded in 1999.

M&A Summary

  • M&A Total Activity7
    • M&A Buy Activity7
  • Total Sectors Invested 2
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 2

Mindtree Ltd.

Global village, RVCE post Mysore road,
Bengaluru, 560 059
India,
+91 80 6706 4000
www.mindtree.com

MindTree was started in 1999 and is focused on IT and R&D services. Mindtree is listed on the NSE and BSE.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 6 - 1 - - - 7
vol $21M $21M
Sell (0.0/yr) # - - - - - - 0
  7

Most Recent M&A

Company Date Value Type
L&T-NxT 2021-05-20 - Divestiture
Mumbai, India · www.lntnxt.com
Magnet 360 LLC 2016-01-18 - Add-on Acquisition
Minneapolis, Minnesota · www.magnet360.com
Relational Solutions, Inc. 2015-07-16 - Add-on Acquisition
North Olmsted, Ohio · www.relationalsolutions.com
Bluefin Solutions Ltd. 2015-07-16 - Add-on Acquisition
London, United Kingdom · www.bluefinsolutions.com
Discoverture Solutions LLC 2015-01-19 15M USD Add-on Acquisition
Scottsdale, Arizona · www.discoverture.com
Sevenstrata IT Services Pvt. Ltd. (dba 7Strata) 2010-04-22 - Add-on Acquisition
Chennai, India · www.7strata.com
Kyocera Wireless (India) Pvt. Ltd. 2009-09-29 6M USD Divestiture
Bengaluru, India
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Information Technology 6 (86%) 15M (71%) - -
Technology Hardware 1 (14%) 6M (29%) - -
Total 7 $21M - -

By Geo

State/Country Buy Value Sell Value
India 3 6M - -
United States 3 15M - -
  Ohio 1 - - -
  Minnesota 1 - - -
  Arizona 1 15M - -
United Kingdom 1 - - -
Domestic 3 (43%) 6M (29%) - -
Cross-border 4 (57%) 15M (71%) - -
Total 7 $21M - -

Deal Values

buy # Total
< $100M 2 $21M
TOTAL $21M
Largest Discoverture Solutions LLC
$15M (2015-01-19)

M&A Connections

Deals
Acquired from
Strategic(s)
29%
2 (29%)

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