M&A Deal Summary

Allygrow Technologies Pvt. Acquires Ranal - Engineering Services

On February 3, 2016, Allygrow Technologies Pvt. acquired information technology company Ranal - Engineering Services from Ranal

Acquisition Highlights
  • This is Allygrow Technologies Pvt.’s 1st transaction in the Information Technology sector.
  • This is Allygrow Technologies Pvt.’s 1st transaction in the United States.

M&A Deal Summary

Date 2016-02-03
Target Ranal - Engineering Services
Sector Information Technology
Buyer(s) Allygrow Technologies Pvt.
Sellers(s) Ranal
Deal Type Divestiture

Target

Ranal - Engineering Services

United States
Ranal - Engineering Services is a provider of IT services to engineering sector.

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Buyer(S) 1

Buyer

Allygrow Technologies Pvt.

Pune, India

Category Company
Founded 2015
Sector Information Technology
DESCRIPTION

Allygrow Technologies Pvt. Ltd. is a technology driven organization that focuses on core engineering design, development and manufacturing engineering services.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-03 AE Automotive Elements

Munich, Germany

AE Automotive Elements GmbH is a high-end product engineering firm.

Buy -

Seller(S) 1

SELLER

Ranal

Rochester Hills, Michigan, United States

Category Company
Sector Information Technology
DESCRIPTION

Ranal, Inc. is a provider of information technology applications to engineering and construction industry.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2016 M&A 1 of 1