M&A Deal Summary

Exadel Acquires Codete

On November 7, 2022, Exadel acquired information technology company Codete

Acquisition Highlights
  • This is Exadel’s 2nd transaction in the Information Technology sector.
  • This is Exadel’s 2nd transaction in Poland.

M&A Deal Summary

Date 2022-11-07
Target Codete
Sector Information Technology
Buyer(s) Exadel
Deal Type Add-on Acquisition

Target

Codete

Kraków, Poland
Codete is a software development and consulting services company advise on digitalization, develop and implement high-quality solutions, and augment our clients' teams with skilled IT specialists. Codete offers a wide variety of IT services from consulting to supporting our clients with the best specialists. Codete was founded in 2010 and is based in Kraków, Poland.

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Buyer(S) 1

Buyer

Exadel

Walnut Creek, California, United States

Category Company
Founded 1998
Sector Software
DESCRIPTION

Exadel is a software engineering company that offers custom development services with R&D centers in North America and Eastern Europe. Exadel offers the specialized skills and product-development culture required to meet the needs of the most innovative enterprises. Exadel was founded in 1998 and is based in Walnut Creek, California.


DEAL STATS #
Overall 6 of 6
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 6 of 6
Country: Poland M&A 2 of 2
Year: 2022 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-12 Motion Software

Sofia, Bulgaria

Motion Software is a software engineering company), that specializes in blockchain, AI, analytics, healthcare, and eLearning. Motion Software was founded in 2015 and is based in Bulgaria.

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