M&A Deal Summary

EY Acquires Brightree Solutions Sdn. Bhd.

On August 7, 2017, EY acquired software company Brightree Solutions Sdn. Bhd.

Acquisition Highlights
  • This is EY’s 2nd transaction in the Software sector.
  • This is EY’s 1st transaction in Malaysia.

M&A Deal Summary

Date 2017-08-07
Target Brightree Solutions Sdn. Bhd.
Sector Software
Buyer(s) EY
Deal Type Add-on Acquisition

Target

Brightree Solutions Sdn. Bhd.

Petaling Jaya, Malaysia
Brightree Solutions Sdn. Bhd. is a SAP consulting, technology services and outsourcing company with SAP Platinum Partner recognition. It specializes in new implementations, optimizations, maintenance / support and advisory services to medium and large businesses. Brightree Solutions Sdn. Bhd. was founded in 2010 and is based in Petaling Jaya, Malaysia.

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Buyer(S) 1

Buyer

EY

New York, New York, United States

Category Company
Founded 1849
Sector Business Services
Employees230,000
Revenue 29.6B USD (2016)
DESCRIPTION
Ernst & Young office in Redwood City, California.
Ernst & Young office in Redwood City, California.

EY is a professional services company. The Company provides assurance, auditing, technology and security risk, enterprise risk management, transaction support, merger and acquisition, actuarial, and real estate advisory services. EY was formerly known as Ernst & Young LLP up until 2013. The Firm was originally established in 1849 and is based in New York City.


DEAL STATS #
Overall 16 of 24
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 15 of 22
Country: Malaysia M&A 1 of 1
Year: 2017 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-06-05 Open Windows Australia Pty - IDENTITY

Australia

Open Windows Australia Pty Ltd. - IDENTITY is a provider of consulting services in identity and access management, with experience delivering some of the largest IT security projects in Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-30 E-STET

Los Angeles, California, United States

E-STET LLC is a technology company specialize in creating forward-looking solutions for its clients and making the entire spectrum of eDiscovery services, from forensic collections to document review, more efficient. E-STET was founded in 2007 and is based in Los Angeles, California.

Buy -