Add-on Acquisition • Information Technology

Encora Acquires Avantica Technologies

On December 9, 2019, Encora acquired information technology company Avantica Technologies

Acquisition Context

This is Encora’s 1st transaction in the Information Technology sector.
This is Encora’s 1st transaction in the United States.
This is Encora’s 1st transaction in California.

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M&A Deal Summary
Date	December 9, 2019
Target	Avantica Technologies
Sector	Information Technology
Buyer(s)	Encora
Deal Type	Add-on Acquisition
Advisor(s)	Aleutian Capital Group (Financial)

Target Company

Avantica Technologies

Mountain View, California, United States

Avantica Technologies (Avantica, Inc.) is one of the major Nearshore software engineering services specialists in Latin America. Avantica has development centers in Costa Rica, Peru, Bolivia, and Colombia. Avantica’s agile distributed model and expertise in Cloud, Mobile, Enterprise Software, Social Networking, and Consumer Web application spanning industry verticals will complement Indecomm Digital’s existing portfolio.

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Buyer Overview 1

Buyer

Encora

Santa Clara, California, United States

Category	Company
Founded	2005
Sector	Information Technology

DESCRIPTION

Encora is a global digital engineering services company specializing in software product development services for fast-growing enterprises and digitally native companies whose market position and growth are driven by proprietary software products. Encora was founded in 2005 and is based in Santa Clara, California.

Deal Context for Buyer	#
Overall	1 of 5
Sector: Information Technology	1 of 4
Type: Add-on Acquisition	1 of 4
State: California	1 of 2
Country: United States	1 of 4
Year: 2019	1 of 1

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2021-07-06	Daitan San Ramon, California, United States Daitan is a provider of software engineering services. Daitan's high-quality software development services significantly accelerate time-to-market for global technology companies. Daitan was founded in 2004 and is based in San Ramon, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2021-07-06

Daitan

San Ramon, California, United States

Daitan is a provider of software engineering services. Daitan's high-quality software development services significantly accelerate time-to-market for global technology companies. Daitan was founded in 2004 and is based in San Ramon, California.

Buy

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