iGATE - M&A Summary, Ownership, and Business Overview

Information TechnologyCompany

iGATE M&A Summary

iGATE has acquired 2 companies of its own. A total of 1 acquisition came from private equity firms. It has also divested 1 asset.

iGATE’s largest acquisition to date was in 2011, when it acquired Patni Computer Systems for $1.2B. iGATE has acquired in 2 different US states. The Company’s most targeted sectors include information technology (50%) and insurance (50%).

iGATE Ownership

Who owns iGATE?

iGATE is owned by Capgemini SE. It was acquired on April 27, 2015.

Was iGATE formerly PE-backed?

Yes. iGATE was formerly owned by 1 private investor.

iGATE Business Overview

Where is iGATE headquartered?

iGATE is headquartered in Fremont, California.

How many employees does iGATE have?

iGATE has 34,455 employees.

What sector is iGATE in?

iGATE is an information technology company.

When was iGATE founded?

iGATE was founded in 1986.

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity2
    • M&A Sell Activity1
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 3
  • M&A Advisors 1

iGATE Corp.

6528 Kaiser Drive,
Fremont, California 94555
United States,
(510) 896-3015
www.igate.com

iGATE Corporation provides offshore-based IT and business process outsourcing services. The company has deep capabilities in chosen sub-verticals, including insurance, banking & financial services, manufacturing & retail, communications, media & entertainment and product engineering services.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 2 - - - - - 2
vol $1.2B $1.2B
Sell (0.0/yr) # 1 - - - - - 1
  3

Most Recent M&A

Company Date Value Type
CHCS Services, Inc. 2015-04-27 - Divestiture
Pensacola, Florida · www.chcs-services.com
Patni Computer Systems Ltd. 2011-01-10 1.2B USD Secondary Buyout
Cambridge, Massachusetts · www.patni.com
CHCS Services, Inc. 2010-04-27 - Divestiture
Pensacola, Florida · www.chcs-services.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Insurance 1 (50%) - 1 (100%) -
Information Technology 1 (50%) 1.2B (100%) - -
Total 2 $1.2B 1 -

By Geo

State/Country Buy Value Sell Value
United States 2 1.2B 1 -
  Florida 1 - 1 -
  Massachusetts 1 1.2B - -
Total 2 $1.2B 1 -

Top M&A Advisors

Financial Deals
Agile Equity LLC
1

Deal Values

buy # Total
> $1B 1 $1.2B
TOTAL $1.2B
Largest Patni Computer Systems Ltd.
$1.2B (2011-01-10)

M&A Connections

Deals
Acquired from
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)
Divested to
Strategic(s)
100%
1 (100%)

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