Add-on Acquisition • Information Technology

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 Context
  • This is COFORGE’s 1st transaction in the Information Technology sector.
  • This is COFORGE’s 3rd largest (disclosed) transaction.
  • This is COFORGE’s 1st transaction in Spain.

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M&A Deal Summary

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

Target Company

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 Overview 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 Context for Buyer #
Overall 2 of 6
Sector: Information Technology 1 of 5
Type: Add-on Acquisition 2 of 4
Country: Spain 1 of 1
Year: 2011 1 of 1
Size (of disclosed) 3 of 3
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.

Buy -