M&A Deal Summary

Pythian Services Acquires Agosto

On April 2, 2020, Pythian Services acquired internet software and services company Agosto

Acquisition Highlights
  • This is Pythian Services’ 1st transaction in the Internet Software and Services sector.
  • This is Pythian Services’ 1st transaction in the United States.
  • This is Pythian Services’ 1st transaction in Minnesota.

M&A Deal Summary
Date 2020-04-02
Target Agosto
Sector Internet Software and Services
Buyer(s) Pythian Services
Deal Type Add-on Acquisition

Target

Agosto

Minneapolis, Minnesota, United States
Agosto LLC is a cloud service and development company with specializations in IoT, Infrastructure, Application Development, and Work Transformation-Enterprise. Agosto was founded in 2001 and is based in Minneapolis, Minnesota.

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Buyer(S) 1

Buyer

Pythian Services

Ottawa, Ontario, Canada
Category Company
Sector Information Technology
DESCRIPTION

Pythian Services is an IT services provider specializing in cloud applications, data analytics, and database management. Pythian Services is based in Ottawa, Ontario.

DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Minnesota) 1 of 1
Country (United States) 1 of 2
Year (2020) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-06 ManageServe

Palatine, Illinois, United States

ManageServe is an SAP and HANA Migration, enterprise hosting, and managed services company that provides cost-effective business, data, and infrastructure solutions. The company’s mission is to empower customers to maximize ROI by providing cost-effective, lean, rapid, and successful migrations, implementations, and ongoing support. Founded in 2005, the company has headquarters in Chicago, Illinois, with additional offices in the United States and Southeast Asia.

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