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M&A Deal Summary

intive Acquires SimTLiX

On November 4, 2021, intive acquired information technology company SimTLiX

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

M&A Deal Summary
Date 2021-11-04
Target SimTLiX
Sector Information Technology
Buyer(s) intive
Deal Type Add-on Acquisition

Target

SimTLiX

Córdoba Capital, Argentina
SimTLiX is a technology company that provides AAA software engineering solutions. The company from its very beginning had a strong relationship with several local universities, underpinning the ethos that knowledge and education is key pillar of the industry and of the Company. SimTLiX has more than 350 digital natives working across the FinTech, crypto, healthcare, and telco market in the USA and Latin America. SimTLiX was formed in 2014 and is based in Córdoba Capital, Argentina.

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Buyer(S) 1

Buyer

intive

Regensburg, Germany
Category Company
Founded 1999
Sector Information Technology
DESCRIPTION

intive is an international provider of software development services with over 1,600 qualified specialists in 19 offices worldwide. Combining design and technology, intive has become the digitalization partner of choice for many international corporations across multiple industry verticals including automotive, high-tech, industrial, media, as well as consumer and financial services. intive was founded in 1999 and is based in Regensburg, Germany.

DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Argentina M&A 1 of 1
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-17 SMT Software Services

Wrocław, Poland

SMT Software Services specializing in development of tailor-made software solutions, as well as staff augmentation services for domestic and international clients. Its customer base consists of renowned companies operating on financial services, TMT, consulting and retail markets. SMT Software Services is based in Wrocław, Poland.

Buy €36M
Mergr

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