M&A Deal Summary

HeleCloud Acquires DataStork

On July 1, 2020, HeleCloud acquired information technology company DataStork

Acquisition Highlights
  • This is HeleCloud’s 1st transaction in the Information Technology sector.
  • This is HeleCloud’s 1st transaction in Bulgaria.

M&A Deal Summary

Date 2020-07-01
Target DataStork
Sector Information Technology
Buyer(s) HeleCloud
Deal Type Add-on Acquisition

Target

DataStork

Sofia, Bulgaria
DataStork is a Cloud Software Engineering and AI/ML services company. DataStork has developed a wide range of technical capabilities covering microservices, IoT and Serverless, DevOps, BigData, backend systems, frontend applications, and search. DataStork was founded in 2016 and is based in Sofia, Bulgaria.

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Buyer(S) 1

Buyer

HeleCloud

London, United Kingdom

Category Company
Founded 2016
Sector Information Technology
DESCRIPTION

HeleCloud is an IT consultancy and managed services provider specializing in highly sophisticated Cloud strategy, implementation, migration, and operation services. HeleCloud was founded in 2016 and is based in London, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Bulgaria M&A 1 of 1
Year: 2020 M&A 1 of 1