M&A Deal Summary

COFORGE Acquires Proyecta Sistemas De Informacion S.A.

On August 16, 2011, COFORGE acquired information technology company Proyecta Sistemas De Informacion S.A. for 7M USD

Acquisition Highlights
  • This is COFORGE’s 1st transaction in the Information Technology sector.
  • This is COFORGE’s 2nd largest (disclosed) transaction.
  • This is COFORGE’s 1st transaction in Spain.

M&A Deal Summary

Date 2011-08-16
Target Proyecta Sistemas De Informacion S.A.
Sector Information Technology
Buyer(s) COFORGE
Deal Type Add-on Acquisition
Deal Value 7M USD

Target

Proyecta Sistemas De Informacion S.A.

Madrid, Spain
Proyecta Sistemas De Informacion S.A. is a software services company. Proyecta offers IT services in focused areas of tourism, airlines, financial services and banking.

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Buyer(S) 1

Buyer

COFORGE

New Delhi, India

Category Company
Founded 1992
Sector Information Technology
Employees25,620
Revenue 120.5B INR (2025)
DESCRIPTION

COFORGE is a global IT solutions organization addressing the requirements of clients across Americas, Europe, Asia, and Australia. COFORGE was founded in 1992 and is based in New Delhi, Haryana.


DEAL STATS #
Overall 2 of 5
Sector: Information Technology M&A 1 of 4
Type: Add-on Acquisition M&A Deals 2 of 4
Country: Spain M&A 1 of 1
Year: 2011 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-05-08 ROOM Solutions

London, United Kingdom

ROOM Solutions Limited, US-based Insurance Solutions Provider headquartered in London, England.

Buy $53M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-05-06 Incessant Technologies Pvt.

Hyderabad, India

Incessant Technologies Pvt. Ltd. is a provider of digital integration and agile delivery of enterprise iBPM solutions. Incessant solutions involving iBPM, CRM, Case Management, API Management, Middleware, Analytics & Decisioning delivered across digital channels, Incessant has developed innovative go-to-market solutions leveraging partnerships with leading iBPM platforms providers like Pegasystems and Appian.

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