Add-on Acquisition • Information Technology

Simform Acquires Armakuni

On May 1, 2024, Simform acquired information technology company Armakuni

Acquisition Context

This is Simform’s 1st transaction in the Information Technology sector.
This is Simform’s 1st transaction in the United Kingdom.

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M&A Deal Summary
Date	May 1, 2024
Target	Armakuni
Sector	Information Technology
Buyer(s)	Simform
Deal Type	Add-on Acquisition

Target Company

Armakuni

London, United Kingdom

Armakuni, an AWS Partner, rose to prominence by helping UK-based charity Comic Relief leverage the cloud to achieve high-volume e-commerce transactions during the Red Nose Day TV programme on BBC One. Armakuni was founded in 2012 and is based in London, England.

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Buyer Overview 1

Buyer

Simform

Orlando, Florida, United States

Category	Company
Founded	2010
Sector	Internet Software and Services
Employees	300

DESCRIPTION

Simform is a software development company with a mission to help successful companies extend their tech capacity. Simform was established in 2010 and is based in Orlando, Florida.

Deal Context for Buyer	#
Overall	2 of 2
Sector: Information Technology	1 of 1
Type: Add-on Acquisition	2 of 2
Country: United Kingdom	1 of 1
Year: 2024	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2020-05-13	Newton Palo Alto, California, United States CloudMagic, Inc. is an email management app based in Palo Alto, California.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2020-05-13

Newton

Palo Alto, California, United States

CloudMagic, Inc. is an email management app based in Palo Alto, California.

Buy

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