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  6. BigRio Acquires Damo

M&A Deal Summary

BigRio Acquires Damo

On October 17, 2023, BigRio acquired business services company Damo

Acquisition Highlights
  • This is BigRio’s 1st transaction in the Business Services sector.
  • This is BigRio’s 1st transaction in the United States.
  • This is BigRio’s 1st transaction in Illinois.

M&A Deal Summary
Date 2023-10-17
Target Damo
Sector Business Services
Buyer(s) BigRio
Deal Type Add-on Acquisition

Target

Damo

Naperville, Illinois, United States
Damo provides digital transformation (DT) advisory services to enable healthcare organizations to navigate the technology-enabled transition to telehealth and virtual care. Damo specializes in digital strategy and roadmaps, CRM strategy, and market insights and advisory. Damo Consulting was founded in 2012 and is based in Naperville, Illinois.

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Buyer(S) 1

Buyer

BigRio

Cambridge, Massachusetts, United States
Category Company
Founded 2013
Sector Information Technology
DESCRIPTION

BigRio is a technology consulting firm with MIT and Harvard roots. Specializing in Big Data, AI, Machine Learning, and Custom Software solutions. BigRio was founded in 2013 and is based in Cambridge, Massachusetts.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
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