M&A Deal Summary

UST Acquires Accrete

On February 3, 2022, UST acquired information technology company Accrete

Acquisition Highlights
  • This is UST’s 7th transaction in the Information Technology sector.
  • This is UST’s 7th transaction in the United States.
  • This is UST’s 2nd transaction in California.

M&A Deal Summary

Date 2022-02-03
Target Accrete
Sector Information Technology
Buyer(s) UST
Deal Type Add-on Acquisition

Target

Accrete

Santa Clara, California, United States
Accrete is a consulting and outsourcing company that provides information technology and engineering services focusing on hi-tech, semiconductor, and networking. Accrete is based in Santa Clara, California.

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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 12 of 21
Sector: Information Technology M&A 7 of 10
Type: Add-on Acquisition M&A Deals 12 of 20
State: California M&A 2 of 2
Country: United States M&A 7 of 11
Year: 2022 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-12 Contineo Health

Princeton, New Jersey, United States

Contineo Health is a healthcare technology consulting firm specializing in Electronic Health Record (EHR) optimization and a partner to over thirty major hospital systems across the United States of America.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-09-19 Advantasure

Glen Allen, Virginia, United States

Advantasure is a healthcare technology and business process services company dedicated to improving the performance of health plans and provider organizations in the delivery of government healthcare programs. Advantasure is based in Glen Allen, Virginia.

Buy -