.
MergerLinks Header Logo

New Deal


Announced

Kris Infotech to acquire a 60% stake in AGS Tek Partners.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For60%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Single Bidder

United States

Software

Pending

Private

software development

Friendly

Acquisition

Cross Border

Majority

Synopsis

Edit

Kris Infotech, a Singapore-headquartered IT consulting and advisory services company, agreed to acquire a 60% stake in AGS Tek Partners, a Colorado-based IT consultancy and staffing company. Financial terms were not disclosed. "We are thrilled to add AGS Tek Partners into our fold. Their expertise and experience in delivering IT resourcing and training services in the US over many years is immensely valuable and will serve as a launchpad for our own growth plans. Together, we look forward to delivering our suite of IT services to a lot more companies across the US and North America and enabling them to get maximum value from their investments in Information Technology and digitalization/digital transformation," Reem D'Souza, Kris Infotech Head of Business Strategy and Investor Relations.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US