M&A Deal Summary

Endava Acquires Comtrade Digital Services

On August 17, 2020, Endava acquired information technology company Comtrade Digital Services from ComTrade Group

Acquisition Highlights
  • This is Endava’s 3rd transaction in the Information Technology sector.
  • This is Endava’s 1st transaction in Ireland.

M&A Deal Summary

Date 2020-08-17
Target Comtrade Digital Services
Sector Information Technology
Buyer(s) Endava
Sellers(s) ComTrade Group
Deal Type Divestiture

Target

Comtrade Digital Services

Dublin, Ireland
Comtrade Digital Services Ltd. is a provider of strategic software engineering services and solutions. CDS enables companies across different industries to innovate faster and reinvent their business models digitally, by using agile development methodologies, innovative technology and business acumen. Comtrade Digital Services was established in 1991 and is based in Dublin, Ireland.

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Buyer(S) 1

Buyer

Endava

London, United Kingdom

Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

Endava Ltd. is a provider of IT services.


DEAL STATS #
Overall 6 of 13
Sector: Information Technology M&A 3 of 7
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-17 Exozet

Berlin, Germany

Exozet GmbH is an German digital agency delivering digital transformation from ideation to production using Agile development. Exozet’s comprehensive service offering includes digital strategy, web applications, innovative software solutions applied to video content management, apps for a “Mobile First” experience, virtual & augmented reality and gaming technology.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-04 Five Minutes Studio

Brooklyn, New York, United States

FIVE, based in Brooklyn, NY, and Croatia, is a digital agency delivering a full spectrum of services, including product strategy, the design, build, and delivery of digital experiences, and ongoing growth marketing using agile methodology combined with a scientific/metrics-driven approach to product design.

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Seller(S) 1

SELLER

ComTrade Group

Belgrade, Netherlands

Category Company
Founded 1991
Sector Information Technology
DESCRIPTION

ComTrade Group is a provider of an information and telecommunication technology (ICT) solutions and services.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Ireland M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-04-08 HERMES SoftLab d.d.

Ljubljana, Slovenia

HERMES SoftLab d.d. is a provider of an information technology solutions and software engineering services to high-tech vendors, telecommunication service providers, financial institutions, and the public sector.

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