M&A Deal Summary

HCL Technologies Acquires DWS

On September 21, 2020, HCL Technologies acquired information technology company DWS

Acquisition Highlights
  • This is HCL Technologies’ 6th transaction in the Information Technology sector.
  • This is HCL Technologies’ 1st transaction in Australia.

M&A Deal Summary
Date 2020-09-21
Target DWS
Sector Information Technology
Buyer(s) HCL Technologies
Deal Type Going Private

Target

DWS

Melbourne, Australia
DWS Ltd. is an IT Services company, providing services to blue chip organisations since 1991. With a business philosophy based upon integrity, reliability and professional service delivery, DWS provides end to end IT solutions. The quality of DWS consultants enables organisations to develop, manage and maintain IT Solutions – providing them with a competitive advantage and long term success. DWS was founded in 1991 and is based in Melbourne, Australia.

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Buyer(S) 1

Buyer

HCL Technologies

Noida, India
Category Company
Founded 1976
Sector Information Technology
Employees222,270
Revenue 1.10T INR (2024)
DESCRIPTION

HCL Technologies is a large IT services company. The Company’s services portfolio includes application development and maintenance, package implementation services, engineering and R&D services, infrastructure management services and business process outsourcing services. It has a large active client base across banking, financial services and insurance, manufacturing, telecom, retail, media and healthcare verticals. HCL Technologies was founded in 1976 and is based in Noida, India.

DEAL STATS #
Overall 17 of 22
Sector (Information Technology) 6 of 10
Type (Going Private) 1 of 1
Country (Australia) 1 of 1
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-13 Strong-Bridge Envision Consulting

Bellevue, Washington, United States

Strong-Bridge Envision Consulting LLC is a management consulting firm that provides strategic leadership, transformation, and executional excellence for organizations ranging from startups to corporations. Working side-by-side with clients in technology, telecom/mobile, healthcare, retail, and travel, Strong-Bridge Consulting helps businesses generate results through customer experiences that are optimized for their industry. Strong-Bridge Envision Consulting LLC was founded in 2003 and is based in Bellevue, Washington.

Buy $45M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-08 gbs

Ratingen, Germany

gbs is an IT consulting company in the banking technology environment. gbs was founded in 2010 and is based in Ratingen, Germany.

Buy -
Mergr

Product

Company

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