Add-on Acquisition • Information Technology

Applications Software Technology Acquires Symatrix

On May 20, 2024, Applications Software Technology acquired information technology company Symatrix

Acquisition Context

This is Applications Software Technology’s 2nd transaction in the Information Technology sector.
This is Applications Software Technology’s 1st transaction in the United Kingdom.

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M&A Deal Summary
Date	May 20, 2024
Target	Symatrix
Sector	Information Technology
Buyer(s)	Applications Software Technology
Deal Type	Add-on Acquisition

Target Company

Symatrix

Manchester, United Kingdom

Symatrix is an Oracle HCM, ERP, and SCM cloud consulting, application management, and outsourced payroll provider. Symatrix works with public sector and commercial clients to innovatively help unlock the endless and exciting possibilities of Oracle Cloud. Symatrix was formed in 2000 and is headquartered in Manchester, England.

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Buyer Overview 1

Buyer

Applications Software Technology

Lisle, Illinois, United States

Category	Company
Sector	Information Technology

DESCRIPTION

Applications Software Technology is a full-service enterprise solution provider, guiding digital transformation for clients in the Government and Commercial Sectors. Applications Software Technology is based in Lisle, Illinois.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Information Technology	2 of 2
Type: Add-on Acquisition	2 of 2
Country: United Kingdom	1 of 1
Year: 2024	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2023-05-08	9Edge Irvine, California, United States 9Edge is a full-service IT solutions and services firm specializing in Oracle applications. 9Edge is based in Irvine, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2023-05-08

9Edge

Irvine, California, United States

9Edge is a full-service IT solutions and services firm specializing in Oracle applications. 9Edge is based in Irvine, California.

Buy

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