M&A Deal Summary

EPAM Systems Acquires Competentum USA

On July 2, 2019, EPAM Systems acquired education company Competentum USA

Acquisition Highlights
  • This is EPAM Systems’ 1st transaction in the Education sector.
  • This is EPAM Systems’ 10th transaction in the United States.
  • This is EPAM Systems’ 2nd transaction in New York.

M&A Deal Summary
Date 2019-07-02
Target Competentum USA
Sector Education
Buyer(s) EPAM Systems
Deal Type Add-on Acquisition

Target

Competentum USA

New York, New York, United States
Competentum USA Ltd. is a provider of full-stack educational content services company, and its learning platform, ShareKnowledge. Competentum focuses primarily on developing and optimizing educational solutions, with digital learning platforms and services that are pre-integrated to provide a smartly designed, interactive and AI-optimized learner experience. Competentum USA Ltd. was founded in 1993 and is based in New York City.

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Buyer(S) 1

Buyer

EPAM Systems

Newtown, Pennsylvania, United States
Category Company
Founded 1993
Sector Software
Employees53,150
Revenue 4.7B USD (2023)
DESCRIPTION

EPAM Systems is a provider of digital engineering, cloud, and AI-enabled transformation services, as well as a business and experience consulting partner for global enterprises and ambitious startups. EPAM Systems was incorporated in 1993 and is based in Newtown, Pennsylvania.

DEAL STATS #
Overall 15 of 28
Sector (Education) 1 of 1
Type (Add-on Acquisition) 15 of 28
State (New York) 2 of 2
Country (United States) 10 of 14
Year (2019) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-01 test IO

San Francisco, California, United States

testIO is a test management system to set up explorative and test case-based testing in just a few minutes. They have a large group of international testers providing coverage across all devices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-05 Naya Technologies

Herzeliya, Israel

Naya Technologies is a provider in Data Platform consulting and Development managed services. From Data Platform architecture design through implementation and 24/7/365 support for mission critical systems, all with unwavering commitment and dedication to your data requirements. Naya Technologies was founded in 2009 and is based in Herzeliya, Israel.

Buy -
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