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. LLC (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.

Search 200,500 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (United Kingdom) 1 of 1
Year (2005) 1 of 1
Size (of disclosed) 1 of 1