M&A Deal Summary

Happiest Minds Technologies Pvt Acquires Aureus

On May 9, 2024, Happiest Minds Technologies Pvt acquired information technology company Aureus

Acquisition Highlights
  • This is Happiest Minds Technologies Pvt’s 4th transaction in the Information Technology sector.
  • This is Happiest Minds Technologies Pvt’s 3rd transaction in the United States.
  • This is Happiest Minds Technologies Pvt’s 1st transaction in Colorado.

M&A Deal Summary

Date 2024-05-09
Target Aureus
Sector Information Technology
Buyer(s) Happiest Minds Technologies Pvt
Deal Type Add-on Acquisition
Advisor(s) Ernst & Young Capital Advisors LLC (Financial)

Target

Aureus

Denver, Colorado, United States
Aureus is a niche Azure native digital product engineering company focused on digital transformation using Data, AI and application modernization. Aureus was founded in 2008 and is based in Denver, Colorado.

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Buyer(S) 1

Buyer

Happiest Minds Technologies Pvt

Bengaluru, India

Category Company
Sector Information Technology
DESCRIPTION

Happiest Minds enables digital transformation for enterprises and technology providers by delivering seamless customer experience, business efficiency and actionable insights through an integrated set of disruptive technologies: big data analytics, internet of things, mobility, cloud, security, unified communications, SDN-NFV, etc. Happiest Minds offers domain-centric solutions applying skills, IPs and functional expertise in IT services, product engineering, infrastructure management and security. These services have applicability across industry sectors such as retail, consumer packaged goods, e-commerce, banking, insurance, hi-tech, engineering R&D, manufacturing, automotive and travel/transportation/hospitality. Headquartered in Bangalore, India; Happiest Minds has operations in the US, UK, The Netherlands, Australia, Middle East and Turkey.


DEAL STATS #
Overall 5 of 5
Sector (Information Technology) 4 of 4
Type (Add-on Acquisition) 5 of 5
State (Colorado) 1 of 1
Country (United States) 3 of 3
Year (2024) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-25 PureSoftware Technologies

Noida, United States

PureSoftware Technologies is a digital engineering & transformation services and solutions provider focused verticals which include banking & financial services and insurance (BFSI), healthcare & life sciences, retail & logistics, and gaming &entertainment. PureSoftware Technologies was founded in 2005 and is based in Noida, India.

Buy $95M