M&A Deal Summary

RiDik Pte. Acquires Shell Infotech

On June 13, 2024, RiDik Pte. acquired information technology company Shell Infotech

Acquisition Highlights
  • This is RiDik Pte.’s 1st transaction in the Information Technology sector.
  • This is RiDik Pte.’s 1st transaction in Singapore.

M&A Deal Summary
Date 2024-06-13
Target Shell Infotech
Sector Information Technology
Buyer(s) RiDik Pte.
Deal Type Add-on Acquisition

Target

Shell Infotech

Singapore, Singapore
Shell Infotech is an IT consulting and managed services provider delivering services to clients in Singapore and Malaysia. It offers a wide range of IT services, including software development, SAP solutions, enterprise applications, and managed services, with a focus on the banking and insurance sectors. Shell Infotech was formed in 2003 and is based in Singapore.

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Buyer(S) 1

Buyer

RiDik Pte.

Singapore
Category Company
Founded 2010
Sector Information Technology
DESCRIPTION

RiDik Pte. Ltd. provides professional IT services and solutions to various target market segments, from startups to large enterprises in Singapore and Malaysia. It serves clients across multiple industries, including telecommunications, finance, energy, and engineering. RiDik was founded in 2010 and is based in Singapore.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Singapore) 1 of 1
Year (2024) 1 of 1
Mergr

Product

Company

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