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M&A Deal Summary

Satyam Computer Services Acquires Citisoft

On April 21, 2005, Satyam Computer Services acquired business services company Citisoft for 23M USD

Acquisition Highlights
  • This is Satyam Computer Services’ 1st transaction in the Business Services sector.
  • This is Satyam Computer Services’ largest (disclosed) transaction.
  • This is Satyam Computer Services’ 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2005-04-21
Target Citisoft
Sector Business Services
Buyer(s) Satyam Computer Services
Deal Type Add-on Acquisition
Deal Value 23M USD
Advisor(s) McNamee Lawrence & Co. (Financial)

Target

Citisoft

London, United Kingdom
Citisoft PLC, a business and systems consulting firm, provides strategic planning and implementation services to the institutional and wealth management sectors.

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Buyer(S) 1

Buyer

Satyam Computer Services

Hyderabad, India
Category Company
Sector Software
DESCRIPTION

Satyam company offers a range of services, including consulting, systems design, software development, system integration, and application maintenance.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2005 M&A 1 of 1
Size (of disclosed) 1 of 1
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