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  6. Vedicsoft Solutions Acquires Savantis Group

M&A Deal Summary

Vedicsoft Solutions Acquires Savantis Group

On December 8, 2017, Vedicsoft Solutions acquired software company Savantis Group

Acquisition Highlights
  • This is Vedicsoft Solutions’ 1st transaction in the Software sector.
  • This is Vedicsoft Solutions’ 1st transaction in the United States.
  • This is Vedicsoft Solutions’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2017-12-08
Target Savantis Group
Sector Software
Buyer(s) Vedicsoft Solutions
Deal Type Add-on Acquisition

Target

Savantis Group

Exton, Pennsylvania, United States
Savantis Group, Inc. is a software development company that specializes in SAP consulting, hosting, implementation and managed services. Savantis Group, Inc. was established in 2006 and is based in Exton, Pennsylvania.

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Buyer(S) 1

Buyer

Vedicsoft Solutions

Iselin, New Jersey, United States
Category Company
Founded 1999
Sector Information Services
DESCRIPTION

Vedicsoft provides professional IT staffing services and business intelligence solutions to customers in a wide variety of industries.

DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2017 M&A 1 of 1
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