M&A Deal Summary

10Pearls Acquires Whiz

On November 2, 2022, 10Pearls acquired software company Whiz

Acquisition Highlights
  • This is 10Pearls’ 2nd transaction in the Software sector.
  • This is 10Pearls’ 1st transaction in Peru.

M&A Deal Summary

Date 2022-11-02
Target Whiz
Sector Software
Buyer(s) 10Pearls
Deal Type Add-on Acquisition

Target

Whiz

Lima, Peru
Whiz is a software development company, that provides agile software development, innovation services, and technology talent under the Nearshore modality. Whiz was founded in 2017 and is based in Lima, Peru.

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Buyer(S) 1

Buyer

10Pearls

Herndon, Virginia, United States

Category Company
Founded 2004
Sector Information Technology
DESCRIPTION

10Pearls LLC is a software application design and development company that helps businesses accelerate through digital. 10Pearls drives rapid execution through innovative, enterprise-grade digital solutions.


DEAL STATS #
Overall 11 of 14
Sector: Software M&A 2 of 3
Type: Add-on Acquisition M&A Deals 11 of 14
Country: Peru M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 Xtensifi

Cumming, Georgia, United States

Xtensifi is a boutique digital consulting and software development firm focused on creating and bringing to market innovative digital financial solutions that help consumers and businesses manage their money, reach their financial goals and achieve success. The firm has provided strategy development and execution services to leading fintech organizations, banks, and credit unions. It designs next-generation user experiences, builds meaningful digital solutions and capabilities, and excels in integration and technical design. Xtensifi has created some of the most advanced digital platforms and cloud-native architectures as evidenced by awards, certifications, and accolades. Some of Xtensifi’s specialties include digital banking, payments, consumer and business banking, entitlement systems, cloud computing, analytics and reporting systems, application programming interfaces, systems integration, security, and banking compliance. Xtensifi was formed in 2009 and is based in Cumming, Georgia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-27 Inspirant Group

Naperville, Illinois, United States

Inspirant Group is a boutique healthcare strategy consulting firm that specializes in bridging the gap between Business and IT with proven industry expertise in delivering scalable, business-driven technology and process solutions for large and regional healthcare insurance providers, including Medicare Advantage plans. Some of the notable business transformation solutions include care management, utilization management, clinical decision support, and claims management. Additionally, the group has provided expertise in solving data and interoperability challenges for its clients as well as innovative learning and development solutions to better enable client workforces. Inspirant Group is based in Naperville, Illinois.

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