Add-on Acquisition • Information Technology

Kirey Group Acquires Synergyc

On May 4, 2023, Kirey Group acquired information technology company Synergyc

Acquisition Context

This is Kirey Group’s 1st transaction in the Information Technology sector.
This is Kirey Group’s 1st transaction in Bulgaria.

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M&A Deal Summary
Date	May 4, 2023
Target	Synergyc
Sector	Information Technology
Buyer(s)	Kirey Group
Deal Type	Add-on Acquisition

Target Company

Synergyc

Sofia, Bulgaria

Synergyc is an IT services solutions provider focused on solutions that help its clients optimize organizational structures, decrease risk and costs, and achieve greater operational efficiencies. Synergyc has a proven track record of leading and delivering transformative IT & Finance services within the Commodities & Energy, Oil & Gas, and Technology Services sectors. Synergyc was founded in 2000 and is based in Sofia, Bulgaria.

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Buyer Overview 1

Buyer

Kirey Group

Milan, Italy

Category	Company
Founded	2009
Sector	Information Technology

DESCRIPTION

Kirey Group provides IT services for the insurance industry and is the long-term partner of Tech Mahindra in Italy. Kirey Group was founded in 2009 and is based in Milan, Italy.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	1 of 1
Country: Bulgaria	1 of 1
Year: 2023	1 of 1

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