M&A Deal Summary

GFT Technologies Acquires Sophos Solutions

On January 25, 2024, GFT Technologies acquired information technology company Sophos Solutions from Advent International

Acquisition Highlights
  • This is GFT Technologies’ 5th transaction in the Information Technology sector.
  • This is GFT Technologies’ 1st transaction in Colombia.

M&A Deal Summary
Date 2024-01-25
Target Sophos Solutions
Sector Information Technology
Buyer(s) GFT Technologies
Sellers(s) Advent International
Deal Type Add-on Acquisition
Advisor(s) Canaccord Genuity Corp. (Financial)

Target

Sophos Solutions

Bogotá, Colombia
Sophos Solutions is a multinational company created by investors and visionaries from India, offering services in the areas of Consulting, Core Banking Implementation, Digital Transformation, Testing & Validation Services, Cloud Management & Infrastructure, and bespoke Software development, majorly for companies in the financial and stock market sectors. Sophos Solutions was founded in 2006 and is based in Bogotá, Columbia.

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Buyer(S) 1

Buyer

GFT Technologies

Stuttgart, Germany
Category Company
Founded 1987
Sector Information Technology
Employees10,626
Revenue 802M EUR (2023)
DESCRIPTION

GFT Technologies is in designing and implementing IT solutions for the financial services industry. GFT Technologies was founded in 1987 and is based in Stuttgart, Germany.

DEAL STATS #
Overall 7 of 7
Sector (Information Technology) 5 of 5
Type (Add-on Acquisition) 6 of 6
Country (Colombia) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-26 One Creation

New York, New York, United States

One Creation is a decentralized enterprise platform as a service that allows companies to regain control, monetize, and seamlessly distribute data through a secure and automated data rights management algorithm. One Creation was formed in 2019 and is based in New York, New York.

Buy -

Seller(S) 1

SELLER

Advent International

Boston, Massachusetts, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1984
PE ASSETS 76.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Advent is a global private equity firm that targets investments in North America, Europe, Asia, and Latin America. Advent's emerging market efforts are concentrated in Central Europe and Latin America. Advent seeks transactions valued between $50 million and $5 billion and can commit up to $2 billion of equity capital per investment. Broad areas of interest include business & financial services, retail & consumer, technology, media, & telecoms, healthcare & life sciences, and industrial. Prospective transaction types include buyouts, growth capital financings, take privates, and recapitalizations. Advent was formed in 1984 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 218 of 222
Sector (Information Technology) 13 of 14
Type (Add-on Acquisition) 81 of 82
Country (Colombia) 2 of 2
Year (2024) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-12-01 Ansira

St. Louis, Missouri, United States

Ansira is a data-driven, technology-enabled marketing solutions provider, specializing in the integration of local and national marketing programs. Ansira was founded in 1919 and is based in St. Louis, Missouri.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-02 Globus Events

Shanghai, China

Globus Events hosts over 20 branded exhibitions and conferences each year with a total exhibition area of over 1,000,000 square meters. Globus Events is based in Shanghai, China.

Buy -
Mergr

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