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  6. Encora Acquires DMI - Commerce marketing & strategy and digital engineering services

M&A Deal Summary

Encora Acquires DMI - Commerce marketing & strategy and digital engineering services

On February 6, 2025, Encora acquired information technology company DMI - Commerce marketing & strategy and digital engineering services from DMI

Acquisition Highlights
  • This is Encora’s 4th transaction in the Information Technology sector.
  • This is Encora’s 4th transaction in the United States.
  • This is Encora’s 1st transaction in Virginia.

M&A Deal Summary
Date 2025-02-06
Target DMI - Commerce marketing & strategy and digital engineering services
Sector Information Technology
Buyer(s) Encora
Sellers(s) DMI
Deal Type Divestiture

Target

DMI - Commerce marketing & strategy and digital engineering services

McLean, Virginia, United States
DMI's Commerce, marketing & strategy, and digital engineering services offer an integrated suite of agile software development, and next-gen engineering solutions. DMI's Commerce, marketing & strategy, and digital engineering services are based in McLean, Virginia.

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Buyer(S) 1

Buyer

Encora

Scottsdale, Arizona, United States
Category Company
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 is based in Scottsdale, Arizona.

DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 4 of 4
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 4 of 4
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-16 Softelligence

Bucharest, Bulgaria

Softelligence enables organizations in Financial Services to accelerate growth with next-generation InsurTech through Automation, AI, and Machine Learning. It has the extensive industry knowledge and broad expertise in digital projects covering paperless quote-and-bind flows, automation of the claims process through AI, fraud detection using Machine Learning algorithms across personal and commercial lines, corporate and specialty as well as digital lending, Know Your Customer (KYC) and other digital banking flows. From data to insights with compelling dashboards, from manual processes and forms to pure digital customer journeys, the company is the partner of choice for many top-tier insurance companies and banks in Europe. Softelligence is based in Bucharest, Bulgaria.

Buy -

Seller(S) 1

SELLER

DMI

McLean, Virginia, United States
Category Company
Founded 2002
Sector Information Technology
DESCRIPTION
Digital Management's corporate headquarters in Bethesda, Maryland.
Digital Management's corporate headquarters in Bethesda, Maryland.

DMI is a global technology solutions company that specializes in digital strategy, design, transformation, and support. The company offers solutions for AI and analytics, commerce, customer experience, cloud platforms, application development, mobile, and cybersecurity. DMI was formed in 2002 and is based in McLean, Virginia.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Divestiture) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-24 Simplex Mobility

Edmonton, Alberta, Canada

Simplex Mobility provides a centralized platform that manages all aspects of a customer’s mobile ecosystem including inventory management, help desk support, and cost optimization. Simplex Mobility was founded in 2011 and is based in Edmonton, Alberta.

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