M&A Deal Summary

Zensar Acquires Indigo Slate

On July 27, 2018, Zensar acquired marketing company Indigo Slate

Acquisition Highlights
  • This is Zensar’s 1st transaction in the Marketing sector.
  • This is Zensar’s 6th transaction in the United States.
  • This is Zensar’s 1st transaction in Washington.

M&A Deal Summary

Date 2018-07-27
Target Indigo Slate
Sector Marketing
Buyer(s) Zensar
Deal Type Add-on Acquisition

Target

Indigo Slate

Bellevue, Washington, United States
Indigo Slate, Inc. is a digital marketing focused customer experience agency. Indigo Slate transforms customer experiences making them personal, compelling, and real so that they help our clients build authentic relationships with new and existing audiences. Indigo Slate, Inc. was founded in 2006 and is based in Bellevue, Washington.

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Buyer(S) 1

Buyer

Zensar

Pune, India

Category Company
Founded 1963
Sector Information Technology
Employees6,500
Revenue 49.0B INR (2024)
DESCRIPTION

Zensar is a digital solutions and technology services company focusing on enterprise digital transformation. The company has offerings across the digital value chain, with a proven track record of innovation delivered through its ‘Return on Digital NeXT (RoDNeXT)’ framework. Zensar was formed in 1963 and is based in Pune, India.


DEAL STATS #
Overall 9 of 9
Sector (Marketing) 1 of 1
Type (Add-on Acquisition) 8 of 8
State (Washington) 1 of 1
Country (United States) 6 of 6
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-21 Cynosure

Chicago, Illinois, United States

Cynosure is a Guidewire PartnerConnect consulting partner. Cynosure focuses on providing Guidewire platform implementation services to Property and Casualty (P&C) insurance carriers. Cynosure was established in 2013 and is based in Chicago, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-03 Zensar Technologies - Third-Party Maintenance Division

Pune, India

Zensar Technologies Ltd.'s Third-Party Maintenance Division provides digital and technology services, helping its customers execute digital initiatives and transformation using digital experience, application transformation, enterprise applications, digital commerce and more.

Sell -