M&A Deal Summary |
|
|---|---|
| Date | 2016-11-28 |
| Target | Frontica Business Solutions AS |
| Sector | Staffing |
| Buyer(s) | Cognizant |
| Sellers(s) | Akastor ASA |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Information Technology |
| Employees | 336,800 |
| Revenue | 19.7B USD (2024) |
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 STATS | # |
|---|---|
| Overall | 19 of 56 |
| Sector: Staffing M&A | 1 of 3 |
| Type: Divestiture M&A Deals | 4 of 9 |
| Country: Norway M&A | 1 of 1 |
| Year: 2016 M&A | 3 of 6 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-07-28 |
Idea Couture
Toronto, Ontario, Canada Idea Couture, Inc. is a provider of digital innovation, strategy, design and technology services. Idea Couture operates where design meets business, insight meets foresight, and empathy meets economics. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-11-29 |
Mirabeau BV
Amsterdam, Netherlands Mirabeau BV is a marketing digital agency with experts in the fields of customer experience design, marketing, development and cloud services. |
Buy | - |
Akastor ASA is an investment company based in Norway with a portfolio of companies in the oilfield services sector in addition to other smaller-sized holdings. The portfolio companies of Akastor were organized as independent companies following the demerger of Aker Solutions ASA in September 2014. Akastor was the surviving entity in the demerger, and subsequently has been established as an investment company with independent portfolio companies, responsible for all aspects of their own operations.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Staffing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 2 of 2 |
| Country: Norway M&A | 2 of 2 |
| Year: 2016 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-10-27 |
Fjords Processing AS
Fornebu, Norway Fjords Processing AS is a provider of wellstream processing technology, systems and services to the upstream oil and gas industry. |
Sell | Nkr1.2B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-12-22 |
Cool Sorption
Copenhagen, Denmark Cool Sorption is a specialist supplier of Vapour Recovery Units (VRU) and systems. Cool Sorption enjoys a complete product portfolio, which ranges from small compact units to the industry’s most complex systems, making it a recognized technology provider worldwide. Cool Sorption is based in Copenhagen, Denmark. |
Buy | kr.20M |