A NASDAQ-listed technology company is looking to acquire established mid-size India-based IT software development companies

A NASDAQ publicly listed company which is a leading provider of technology consulting, software development, and data analytics for Fortune 1000 corporations undergoing digital transformation is interested in an Acquisition of a suitable entity to meet its inorganic growth objectives. The company has a globally distributed delivery model and is widely known for its expertise in the emerging cloud and big data technologies, digital product engineering and services with wide traction across multiple industries as a trusted tier-1 supplier.

Acquisition Criteria:

• Seeking Sellers for 100% acquisition
• Focus on mid-size IT software development companies in India with head count of 800 to 1200
• Revenue in the range -USD 40M to USD 50M
• Expertise in technology consulting and data analytics.
• Preference for companies in Tier 1 cities
• The preference is for companies with 80% of clients in the US and Europe having skilled tech resources and good billing rates.