M&A Deal Summary

KPIT Technologies Acquires CPG Solutions

On September 27, 2017, KPIT Technologies acquired information technology company CPG Solutions for 60M INR

Acquisition Highlights
  • This is KPIT Technologies’ 6th transaction in the Information Technology sector.
  • This is KPIT Technologies’ largest (disclosed) transaction.
  • This is KPIT Technologies’ 5th transaction in the United States.
  • This is KPIT Technologies’ 1st transaction in Florida.

M&A Deal Summary

Date 2017-09-27
Target CPG Solutions
Sector Information Technology
Buyer(s) KPIT Technologies
Deal Type Add-on Acquisition
Deal Value 60M INR

Target

CPG Solutions

Boca Raton, Florida, United States
CPG Solutions LLC is a provider of premium oracle consulting services to manufacturing & supply chain companies. CPG Solutions is based in Boca Raton, Florida.

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Buyer(S) 1

Buyer

KPIT Technologies

Pune, India

Category Company
Founded 1990
Sector Information Technology
Employees12,873
Revenue 58.4B INR (2025)
DESCRIPTION

KPIT Technologies is a provider of software development, IT consulting, and product engineering solutions. KPIT Technologies was founded in 1990 and is based in Pune, Maharshtra.


DEAL STATS #
Overall 8 of 8
Sector: Information Technology M&A 6 of 6
Type: Add-on Acquisition M&A Deals 7 of 7
State: Florida M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2017 M&A 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-12 I-Cubed

Raleigh, North Carolina, United States

I-Cubed, Inc. focuses on product lifecycle management (PLM) consulting, Web experience management (WEM), and managed services.

Buy -