Add-on Acquisition • Information Technology

Cognizant Acquires Adaptra Group Pty.

On December 16, 2016, Cognizant acquired information technology company Adaptra Group Pty.

Acquisition Context

This is Cognizant’s 6th transaction in the Information Technology sector.
This is Cognizant’s 2nd transaction in Australia.

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M&A Deal Summary
Date	December 16, 2016
Target	Adaptra Group Pty.
Sector	Information Technology
Buyer(s)	Cognizant
Deal Type	Add-on Acquisition

Target Company

Adaptra Group Pty.

Sydney, Australia

Adaptra Group Pty. Ltd. is a consulting, business transformation and IT services provider. Adaptra specialises in consulting, programme management, and implementation of core platforms such as Guidewire to enable insurance companies to drive improvements across key functional areas such as underwriting, policy administration, claims management and billing.

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Buyer Overview 1

Buyer

Cognizant

Teaneck, New Jersey, United States

Category	Company
Founded	1988
Sector	Information Technology
Employees	336,800
Revenue	19.7B USD (2024)

DESCRIPTION

Cognizant's office in Hyderabad, India.

Cognizant is a provider of information technology, consulting, and business process outsourcing services, dedicated to helping the world's leading companies build stronger businesses. Cognizant was incorporated in 1994 and is based in Teaneck, New Jersey.

Deal Context for Buyer	#
Overall	22 of 56
Sector: Information Technology	6 of 21
Type: Add-on Acquisition	17 of 47
Country: Australia	2 of 3
Year: 2016	6 of 6

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-12-01	KIS Information Services Duisburg, Germany KIS Information Services GmbH is an information technology services provider. KIS Information Services GmbH is headquartered in Duisburg, Germany.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-12-01

KIS Information Services

Duisburg, Germany

KIS Information Services GmbH is an information technology services provider. KIS Information Services GmbH is headquartered in Duisburg, Germany.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2017-03-01	Brilliant Service Co. Japan Brilliant Service Co. Ltd. is a specializes in digital strategy, product design and engineering, the Internet of Things (IoT), and enterprise mobility.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2017-03-01

Brilliant Service Co.

Japan

Brilliant Service Co. Ltd. is a specializes in digital strategy, product design and engineering, the Internet of Things (IoT), and enterprise mobility.

Buy

Explore Related M&A Activity

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