M&A Deal Summary

Capgemini Acquires Syniti

On August 27, 2024, Capgemini acquired information technology company Syniti from Bridge Growth Partners

Acquisition Highlights
  • This is Capgemini’s 26th transaction in the Information Technology sector.
  • This is Capgemini’s 16th transaction in the United States.
  • This is Capgemini’s 2nd transaction in Massachusetts.

M&A Deal Summary

Date 2024-08-27
Target Syniti
Sector Information Technology
Buyer(s) Capgemini
Sellers(s) Bridge Growth Partners
Deal Type Add-on Acquisition
Advisor(s) Evercore Group
Santander Corporate & Investment Banking (Financial)
Willkie Farr & Gallagher (Legal)

Target

Syniti

Needham, Massachusetts, United States
Syniti engages in information governance and data stewardship solutions, focusing on helping customers manage one of their most critical assets data. Syniti products and services enable organizations to accelerate growth, gain actionable visibility, and reduce risks. Syniti was founded in 1996 and is based in Needham, Massachusetts.

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Buyer(S) 1

Buyer

Capgemini

Paris, France

Category Company
Founded 1967
Sector Information Technology
Employees340,443
Revenue 22M EUR (2023)
DESCRIPTION

Capgemini is a provider of consulting, technology, outsourcing services and local professional services. Capgemini Group helps its clients transform in order to improve their performance and competitive positioning. Company offer an array of integrated services that combine top-of-the-range technology with deep sector expertise and a strong command of our four key businesses. Capgemini was founded in 1967 and is based in Paris, France.


DEAL STATS #
Overall 48 of 48
Sector (Information Technology) 26 of 26
Type (Add-on Acquisition) 41 of 41
State (Massachusetts) 2 of 2
Country (United States) 16 of 16
Year (2024) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-01 Lösch & Partner

Munich, Germany

Lösch & Partner is a systems engineering and IT specialist in agile, hybrid and classic product environments. The company supports its customers in implementating state-of-the-art process, methodology and tool solutions, thus ensuring future viability, particularly in the areas of systems engineering, requirements engineering, and test management. Lösch & Partner was formed in 1984 and is based in Munich, Germany.

Buy -

Seller(S) 1

SELLER

Bridge Growth Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 2013
Size Small
Type Sector Focused
DESCRIPTION

Bridge Growth Partners is a private equity firm that targets investments in the technology and technology-enabled financial services sectors. Bridge Growth Partners pursues growth situations and will consider opportunities throughout the US. Bridge Growth Partners was formed in 2013 and is based in New York City.


DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 4 of 4
Type (Add-on Acquisition) 3 of 3
State (Massachusetts) 1 of 1
Country (United States) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-06-21 Accedian

Montreal, Quebec, Canada

Accedian is a provider of highly accurate network performance monitoring and assurance solutions. Accedian's software and technology are used by the world’s largest mobile, enterprise, and carrier networks to monitor, test, and ultimately ensure the real-time quality of service (QoS) and quality of experience (QoE) for operators. Accedian Networks was founded in 2004 and is based in Montreal, Quebec.

Sell -