Add-on Acquisition • Software

Katalyst Technologies Acquires Panacea Infotech Pvt.

On May 8, 2018, Katalyst Technologies acquired software company Panacea Infotech Pvt.

Acquisition Context
  • This is Katalyst Technologies’ 1st transaction in the Software sector.
  • This is Katalyst Technologies’ 2nd transaction in India.

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M&A Deal Summary

Date May 8, 2018
Target Panacea Infotech Pvt.
Sector Software
Buyer(s) Katalyst Technologies
Deal Type Add-on Acquisition

Target Company

Panacea Infotech Pvt.

Magarpatta City, India
Panacea Infotech Pvt. Ltd. is a software development company specializing in web and mobile application development. Panacea Infotech is based in Magarpatta City, India.
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Buyer Overview 1

Buyer

Katalyst Technologies

Evanston, Illinois, United States

Category Company
Sector Information Technology
DESCRIPTION

Katalyst Technologies, Inc. is a software technology services and solutions provider whose business and technology experts are highly skilled and work seamlessly across multiple industries, geographies, and technologies. Katalyst Technologies, Inc. is based in Evanston, Illinois.


Deal Context for Buyer #
Overall 2 of 2
Sector: Software 1 of 1
Type: Add-on Acquisition 2 of 2
Country: India 2 of 2
Year: 2018 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-05 Nova Techset

Bengaluru, India

Nova Techset Ltd. is a provider of prepress services to the STM and academic publishing world. Nova Techset Ltd. was established in 1989 and is based in Bengaluru , India.

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