M&A Deal Summary

Vaco Acquires Binary Semantics - Managed Services Division

On March 21, 2017, Vaco acquired information technology company Binary Semantics - Managed Services Division from Binary Semantics

Acquisition Highlights
  • This is Vaco’s 2nd transaction in the Information Technology sector.
  • This is Vaco’s 1st transaction in India.

M&A Deal Summary

Date 2017-03-21
Target Binary Semantics - Managed Services Division
Sector Information Technology
Buyer(s) Vaco
Sellers(s) Binary Semantics
Deal Type Divestiture

Target

Binary Semantics - Managed Services Division

Gurgaon, India
Binary Semantics Ltd. - Managed Services Division is a provider of IT services in US.

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Buyer(S) 1

Buyer

Vaco

Brentwood, Tennessee, United States

Category Company
Founded 2002
Sector Staffing
DESCRIPTION

Vaco is a consulting and placement firm that provides finance and IT professionals on both a project and permanent basis. Vaco was founded in 2002 and is based in Brentwood, Tennessee.


DEAL STATS #
Overall 4 of 8
Sector: Information Technology M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2017 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-13 Advanced Network Solutions

Nashville, Tennessee, United States

Advanced Network Solutions LLC is a designer and builder of networks and provides IT managed services. Advanced Network Solutions was founded in 2007 and is based in Nashville, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-03 Lannick Group

Toronto, Ontario, Canada

Lannick Group is a professional recruitment and staffing firm. Lannick provides best-in-class finance, accounting and technology professionals at all roles and levels through its three divisions: Lannick Finance & Accounting, Pro Count Staffing and Lannick Technology. Lannick Group was established in 1985 and is based in Toronto, Ontario.

Buy -

Seller(S) 1

SELLER

Binary Semantics

Gurgaon, India

Category Company
Sector Software
DESCRIPTION

Binary Semantics Ltd. is a software development company offering IT services, Consulting services and Knowledge services across several industry segments such as Automobiles, Manufacturing, FMCG, Technology, Insurance, Travel, Hospitality and B2B Publishing. Our global operations spread across USA, Canada, Europe and India have won over 150 satisfied customers.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: India M&A 1 of 1
Year: 2017 M&A 1 of 1