M&A Deal Summary

Endava Acquires DEK

On June 9, 2023, Endava acquired technology hardware company DEK

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

M&A Deal Summary

Date 2023-06-09
Target DEK
Sector Technology Hardware
Buyer(s) Endava
Deal Type Add-on Acquisition

Target

DEK

Melbourne, Australia
DEK is a multinational firm that develops cutting-edge software and hardware solutions across a range of applications, including embedded systems, real-time solutions, telecoms and data communications. DEK was founded in1999 and is based in Melbourne, Australia.

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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 11 of 13
Sector: Technology Hardware M&A 1 of 1
Type: Add-on Acquisition M&A Deals 10 of 12
Country: Australia M&A 3 of 3
Year: 2023 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-10 Mudbath

Newcastle, Australia

Mudbath is an Australian-based technology firm specialising in strategy, design and engineering services. The company partners with businesses to build new digital solutions, enhance user experiences and accelerate digital transformation programs across enterprise systems, web and mobile products using their proven agile delivery methodology. Its clients span broad industry verticals, including retail, mining (and adjacent activities including rail and tools), health, insurance, banking and travel. Mudbath is based in Newcastle, Sydney and Melbourne, Australia.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-03 TLM Partners

Las Vegas, Nevada, United States

TLM Partners provides outsourced development services across design, engineering, and art/animation for PC and console video games and other digital entertainment. It has particular expertise in highly complex areas of cross-play, middleware, physics, engine-level tools, and technical art. TLM Partners is based in Las Vegas, Nevada.

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