M&A Deal Summary

Kellton Tech Acquires ProSoft Technology Group

On June 2, 2015, Kellton Tech acquired information technology company ProSoft Technology Group for 14M USD

Acquisition Highlights
  • This is Kellton Tech’s 7th transaction in the Information Technology sector.
  • This is Kellton Tech’s largest (disclosed) transaction.
  • This is Kellton Tech’s 6th transaction in the United States.
  • This is Kellton Tech’s 1st transaction in Illinois.

M&A Deal Summary
Date 2015-06-02
Target ProSoft Technology Group
Sector Information Technology
Buyer(s) Kellton Tech
Deal Type Add-on Acquisition
Deal Value 14M USD

Target

ProSoft Technology Group

Downers Grove, Illinois, United States
ProSoft Technology Group, Inc. is an IT service provider offering end-to-end Total Business Integration, Service Oriented Architecture, Business Process Management, Business Activity Monitoring, Enterprise Resource Planning, Enterprise Portals and Composite Solutions.

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Buyer(S) 1

Buyer

Kellton Tech

Hyderabad, India
Category Company
Founded 1993
Sector Information Technology
Employees1,269
Revenue 9.8B INR (2024)
DESCRIPTION

Kellton Tech is a full-grown software development company, offering end-to-end IT solutions, strategic technology consulting and product development services in Web, SMAC (Social, Mobile, Analytics, Cloud), ERP-BPM, and IoT space. Kellton Tech was founded in 1993 and is based in Hyderabad, India.

DEAL STATS #
Overall 7 of 9
Sector (Information Technology) 7 of 9
Type (Add-on Acquisition) 6 of 8
State (Illinois) 1 of 1
Country (United States) 6 of 7
Year (2015) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-31 Vivos Professional Services

Manassas, Virginia, United States

Vivos Professional Services LLC is an IT solutions and services company, providing staffing & consulting solutions in diverse fields such as Management, Healthcare, Life Sciences and Government Services with very strong focus on Healthcare & Life Sciences Industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-27 Bokanyi Consulting

Houston, Texas, United States

Bokanyi Consulting, Inc. is an enterprise, cloud and analytics services provider. Bokanyi Consulting provides enterprise selection, implementation and integration, hosting, and application support services as well as a broad range of business software applications in analytics and cloud.

Buy -
Mergr

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