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  5. Youngsoft Acquires ESSPL

M&A Deal Summary

Youngsoft Acquires ESSPL

On June 30, 2022, Youngsoft acquired software company ESSPL

Acquisition Highlights
  • This is Youngsoft’s 1st transaction in the Software sector.
  • This is Youngsoft’s 1st transaction in India.
  • This is Youngsoft’s 1st transaction in Florida.

M&A Deal Summary
Date 2022-06-30
Target ESSPL
Sector Software
Buyer(s) Youngsoft
Deal Type Add-on Acquisition

Target

ESSPL

Bhubaneswar, Florida, India
ESS is a software development company that provides Custom Software Development, Consultancy, Solutions, Support, and Outsourcing to businesses globally. ESSPL was founded in 1998 and is based in Bhubaneswar, India.

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Buyer(S) 1

Buyer

Youngsoft

Wixom, Michigan, United States
Category Company
Founded 1996
Sector Information Technology
DESCRIPTION

Youngsoft, Inc. is an enterprise technology solutions provider to innovative manufacturing, financial, insurance, healthcare, retail, and government entities across the United States. Youngsoft, Inc. was founded in 1996 and is based in Wixom, Michigan.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Florida M&A 1 of 1
Country: India M&A 1 of 1
Year: 2022 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-02-05 ABSYZ Software Consulting Pvt.

San Francisco, California, United States

ABSYZ Software Consulting Pvt. Ltd. is a Platinum Salesforce Partner with specialization in Salesforce.com and related technologies. ABSYZ Software Consulting Pvt. Ltd. was founded in 2011 and is based in San Francisco, California.

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