Conduent - M&A Summary and Business Overview

Business ServicesCompany

Conduent M&A Summary

Conduent has acquired 1 company. It has also divested 9 assets.

It’s largest disclosed sale occurred in 2018, when it sold Continuum Global Solutions to Skyview Capital for $25M. Conduent has acquired in 1 US state. The Company’s most targeted sectors include software (100%).

Conduent Business Overview

Where is Conduent headquartered?

Conduent is headquartered in Florham Park, New Jersey.

What is Conduent’s revenue?

Conduent disclosed revenue of 4,140M USD for 2021 and 4,163M USD for 2020.

How many employees does Conduent have?

Conduent has 62,000 employees.

What sector is Conduent in?

Conduent is a business services company.

When was Conduent founded?

Conduent was founded in 2016.

M&A Summary

M&A Total Activity10
- M&A Buy Activity1
- M&A Sell Activity9
Total Sectors Invested 1
Total Countries Invested 1
M&A Buy/Sell Connections 8
M&A Advisors 5

Conduent

Conduent, Inc.

100 Campus Drive, Suite 200,
Florham Park, New Jersey 07932
United States,
(844) 663-2638
www.conduent.com

Conduent is a provider of diversified business process services. Conduent offers capabilities in transaction processing, automation, analytics and constituent experience. The Company was spun-off from Xerox in 2017. Conduent was incorporated in 2016 and is based in Florham Park, New Jersey.

M&A Summary

Buy vs Sell

Year		≤ '19	'20	'21	'22	'23	'24	T
Buy (0.0/yr)	#	1	-	-	-	-	-	1
Sell (0.4/yr)	#	7	-	-	1	1	-	9
Sell (0.4/yr)	vol	$25M						$25M
								10

Most Recent M&A

Company	Date	Value	Type
Conduent - Curbside Management and Public Safety Businesses	2023-12-28	-	Divestiture
Florham Park, New Jersey
Midas Health Analytics Solutions	2022-01-04	-	Divestiture
Florham Park, New Jersey
Health Solutions Plus	2018-10-31	-	Add-on Acquisition
Melville, New York · www.hspweb.com
Continuum Global Solutions	2018-10-01	25M USD	Divestiture
Dallas, Texas · www.continuumgbl.com
Conduent, Inc. - Government Software Business	2018-08-06	-	Divestiture
Florham Park, New Jersey
CVO Holding Company LLC	2018-05-18	-	Divestiture
Phoenix, Arizona · www.cvo.com
Buck Global LLC	2018-04-30	-	Divestiture
New York, New York · www.buck.com
Conduent, Inc. - Healthcare Provider Consulting	2017-10-04	-	Divestiture
Florham Park, New Jersey
Conduent, Inc. - Breakaway Group business	2017-10-04	-	Divestiture
Florham Park, New Jersey
Conduent Government Systems LLC (dba FIREHOUSE Software)	2017-10-03	-	Divestiture
Urbandale, Iowa · www.firehousesoftware.com
View All >>

M&A by Sector

Sector	Buy #	Value	Sell #	Value
Software	1 (100%)	-	3 (33%)	-
Business Services	-	-	4 (44%)	25M (100%)
Information Technology	-	-	1 (11%)	-
Safety/Security	-	-	1 (11%)	-
Total	1	-	9	$25M

By Geo

State/Country		Buy	Value	Sell	Value
United States		1	-	9	25M
	New Jersey	-	-	5	-
	New York	1	-	1	-
	Texas	-	-	1	25M
	Iowa	-	-	1	-
	Arizona	-	-	1	-
Total		1	-	9	$25M

Top M&A Advisors

Financial	Deals
Citigroup Investment Banking	2
UBS Investment Bank	1

Legal	Deals
Cravath, Swaine & Moore	2
Holland & Knight LLP	1
Sheppard Mullin Richter & Hampton LLP	1

Deal Values

sell	#	Total
< $100M	1	$25M
TOTAL		$25M
Largest	Continuum Global Solutions $25M (2018-10-01)

M&A Connections

		Deals
Divested to
Investor(s)	33%	3 (33%)
Strategic(s)	67%	6 (67%)

Company Summary

SECTOR

Business Services

Revenue

4,140 1%	2021
4,163 7%	2020
4,467 18%	2019
5,393 11%	2018
6,022 7%	2017
6,408 4%	2016
6,662 4%	2015
6,938	2014
(millions of USD)	Show More Show Less

Employees

62,000

Established

2016

Public

NASDAQ: CNDT

Investor History
2017-01-03
Spin Off

Xerox

Subscribe to unlock this and 201,688
investor and company profiles

Sign-up today to get full access

Unlimited Searches
Unlimited Profile Views
Build and Export Lists of

PE Backed Companies
Direct Investors & Acquirers
Advisors
Deals
& More

1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

Stay informed on events in your industry
M&A research that takes seconds (not all afternoon)
Better understand your customers and prospects
Discover active buyers (or sellers)

Search

4.5K Private Equity Firms
193K M&A Transactions
197K Companies Involved in M&A
(Buyer, Seller, or Target)
3.6K M&A Advisors
(Investment Banks and Law Firms)
75K M&A Contacts
(PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Related Lists for Conduent

New Jersey Companies , Business Services Companies , United States Companies , New Jersey Business Services Companies , New Jersey Business Services with Acquisitions , New Jersey Business Services with Divestitures

Related Lists for New Jersey Companies

Largest New Jersey Companies , Acquisitive New Jersey Companies , Recently Acquired New Jersey Companies , Recently Sold New Jersey Companies , Private New Jersey Companies , Public New Jersey Companies , Acquired New Jersey Companies , PE Backed New Jersey Companies

Related Lists for Business Services Companies

Largest Business Services Companies , Acquisitive Business Services Companies , Recently Acquired Business Services Companies , Recently Sold Business Services Companies , Private Business Services Companies , Public Business Services Companies , Acquired Business Services Companies , PE Backed Business Services Companies

Related Lists for United States Companies

Largest United States Companies , Acquisitive United States Companies , Recently Acquired United States Companies , Recently Sold United States Companies , Private United States Companies , Public United States Companies , Acquired United States Companies , PE Backed United States Companies

Conduent - M&A Summary and Business Overview

Business ServicesCompany