M&A Deal Summary

Mindtree Acquires Discoverture Solutions

On January 19, 2015, Mindtree acquired information technology company Discoverture Solutions for 15M USD

Acquisition Highlights
  • This is Mindtree’s 2nd transaction in the Information Technology sector.
  • This is Mindtree’s largest (disclosed) transaction.
  • This is Mindtree’s 1st transaction in the United States.
  • This is Mindtree’s 1st transaction in Arizona.

M&A Deal Summary
Date 2015-01-19
Target Discoverture Solutions
Sector Information Technology
Buyer(s) Mindtree
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

Discoverture Solutions

Scottsdale, Arizona, United States
website
Discoverture Solutions LLC is a provider of information technology solutions and services to insurance solutions.

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Buyer(S) 1

Buyer

Mindtree

Bengaluru, India

website

Category Company
Founded 1999
Sector Information Technology
Revenue 2.0B USD (1970)
DESCRIPTION

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

DEAL STATS #
Overall 3 of 7
Sector (Information Technology) 2 of 6
Type (Add-on Acquisition) 2 of 5
State (Arizona) 1 of 1
Country (United States) 1 of 3
Year (2015) 1 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-04-22 Sevenstrata IT Services Pvt.

Chennai, India

7Strata is a remote infrastructure management (RIM) services provider. 7Strata offers end-to-end, fully integrated, remote IT monitoring and management services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-16 Relational Solutions

North Olmsted, Ohio, United States

Relational Solutions, Inc. is a specialized provider of analytics for Consumer Packaged Goods (CPG) retail execution. Relational Solutions has proven expertise in analytics with solutions for supply chain optimization and trade promotions analytics.

Buy -
Mergr

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