M&A Deal Summary

UST Acquires Information Services Group - Automation Unit

On October 2, 2024, UST acquired software company Information Services Group - Automation Unit from Information Services Group for 20M USD

Acquisition Highlights
  • This is UST’s 4th transaction in the Software sector.
  • This is UST’s largest (disclosed) transaction.
  • This is UST’s 11th transaction in the United States.
  • This is UST’s 1st transaction in Connecticut.

M&A Deal Summary
Date 2024-10-02
Target Information Services Group - Automation Unit
Sector Software
Buyer(s) UST
Sellers(s) Information Services Group
Deal Type Divestiture
Deal Value 20M USD

Target

Information Services Group - Automation Unit

Stamford, Connecticut, United States
Information Services Group's Automation Unit offers robotic process automation (RPA) software implementation and licensing services. Information Services Group's Automation Unit was founded in 2017 and is based in Stamford, Connecticut.

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Buyer(S) 1

Buyer

UST

Aliso Viejo, California, United States
Category Company
Founded 1999
Sector Information Technology
Employees3,500
DESCRIPTION

UST offers digital technology solutions to Fortune 500 companies across various geographies. The company caters to technology and innovation requirements of multinational corporations providing end-to-end solutions including digital customer engagement, data analytics, cloud consulting, product engineering, automation and cybersecurity solutions. UST was founded in 1999 and is based in Aliso Viejo, California.

DEAL STATS #
Overall 19 of 19
Sector (Software) 4 of 4
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 11 of 11
Year (2024) 4 of 4
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-03 Endeavor Consulting Group

Wayne, Pennsylvania, United States

Endeavor Consulting Group is business services company involved in supply chain management and product commercialization consulting. Endeavor Consulting Group was formed in 2006 and is based in Wayne, Pennsylvania.

Buy -

Seller(S) 1

SELLER

Information Services Group

Stamford, Connecticut, United States
Category Company
Founded 2006
Sector Business Services
Employees1,500
Revenue 291M USD (2023)
DESCRIPTION

Information Services Group is a technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. Information Services Group was founded in 2006 and is based in Stamford, Connecticut.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-29 Agreemint

San Francisco, California, United States

Agreemint delivers automated contract authoring through a repository of legal positions to accelerate speed to contract. Its patented AI-powered smart functionality enables clients to negotiate better contracts by suggesting language proven to be legally compliant, governable, and agreeable to both parties based upon analysis of previous contracting efforts. The software also anticipates language sticking points and includes a clause library that proposes pre-approved clause alternatives. Agreemint was formed in 2018 and is based in San Francisco, California.

Buy -
Mergr

Product

Company

Legal