Bentley Systems, Incorporated, the infrastructure engineering software company, announced it has acquired EasyPower, a developer of design and analysis software tools, including arc flash solutions, for electrical engineering professionals. Since its founding in 1984, Portland, Oregon-based EasyPower has innovatively combined graphics-based modeling and analysis in order to make solving complex electrical engineering problems ever more straightforward and…
KFin Technologies Limited (KFin Technologies), a leading provider of investor and issuer solutions, announced its decision to invest into Fintech Products and Solutions India Private Limited (FPSIPL), a Technology Service Provider (TSP) having a wholly owned subsidiary, FinSec AA Solutions Private Limited, India’s first Account Aggregator, licensed by Reserve Bank of India (RBI). The partnership…
IBS Software, a SaaS solutions provider to the travel industry globally, has announced the completion of a transaction to acquire Accenture Freight and Logistics Software (AFLS). AFLS provides technology platforms to help airline and ocean transportation companies manage their freight operations and grow through digital transformation and innovation. The acquisition will strengthen IBS Software’s leadership as…
Allcargo Logistics Limited announced it has acquired a majority stake in Madanahatti Logistics and Industrial Parks Private Limited. According to the company’s exchange filing, “this is to inform you that Allcargo Logistics Limited (”Company”), has entered into a Securities Purchase Agreement (“SPA”) on February 21, 2023, with BRE Asia Urban Holdings Ltd. (the “Seller”) to…
CRISIL, an S&P Global Company, has entered into a definitive agreement to acquire Peter Lee Associates Pty. Limited (“Peter Lee”), an Australian research and consulting firm with a mission to help leading financial service corporations build and maintain a competitive advantage in service to their clients. Peter Lee delivers benchmarking insights on market positioning, cross-sell,…
Lumax Auto Technologies Limited announced it has acquired majority stake in IAC International Automotive India Private Limited (IAC India), a wholly owned subsidiary of IAC Mauritius. According to the company’s exchange filing, “This is to intimate you that the Board of Directors of the Company, in its meeting held today i.e. February 18, 2023, has…
Pharma major Sun Pharmaceutical Industries Limited announced the acquisition of minority stake in Agatsa Software Private Limited and Remidio Innovative Solutions Private Limited. According to the company’s exchange filing, “This is to inform you that Sun Pharmaceutical Industries Limited (which includes its subsidiaries and/or associate companies) [“Company”], has entered into agreements to acquire minority stake…
Samvardhana Motherson Automotive Systems Group BV (SMRPBV) a 100 % subsidiary of Samvardhana Motherson International Limited (SAMIL) has entered into an agreement to acquire 100% stake in SAS Autosystemtechnik GmbH (Germany) (SAS) from Faurecia, a company of the FORVIA Group (an entity listed on Paris stock exchange). “SAS” is a leading global provider of assembly…
S&P Global Mobility has announced the acquisition of Market Scan Information Systems, Inc., a leading provider of automotive pricing and incentive intelligence, including Automotive Payments as a Service™ and its powerful payment calculation engine. The addition of Market Scan to S&P Global Mobility will enable the integration of detailed transaction intelligence in areas that are complementary…
Edelman Global Advisory (EGA), a specialist agency providing business and government advisory services, announced that it has acquired Distrito Government Relations, expanding its advisory services in Latin America. Distrito, headquartered in Brasilia, brings an innovative approach to government relations with a diverse team of professionals. EGA is part of Daniel J. Edelman Holdings, which, in Brazil,…
Godrej Industries Limited announced it has acquired 26 per cent equity stake in Clean Max Kaze Private Limited (Clean Max), a subsidiary of Clean Max Enviro Energy Solutions Private Limited. According to the company’s exchange filing, “we would like to inform you that Godrej Industries Limited (“the Company”) has acquired 26% (Twenty Six per cent)…
Accenture has acquired Morphus, a privately held Brazil-based cyber defense, risk management and cyber threat intelligence services provider, expanding its practice capabilities in Brazil and Latin America. Financial terms were not disclosed. Founded in 2003, Morphus is headquartered in Fortaleza, which is in the Ceará region in northeastern Brazil, with offices in Recife, São Paulo, Rio de…
Kotak Mahindra Bank (KMBL) announced that it has executed binding share purchase agreement(s) to acquire 100% of equity shares of Sonata Finance Private Limited (SFPL), a Non-Banking Finance Company, classified as an NBFC-MFI, from existing shareholders, subject to regulatory and other approvals, including from Reserve Bank of India. The acquisition is for an aggregate all-cash…
Circet, a global network services provider, and its U.S. entity KGP Services, a provider of network services throughout the U.S., announced the acquisition of Further Enterprise Solutions (FES), a provider of RF Engineering & Optimization, Installation & Commissioning, Staff Augmentation, and Decommissioning Services for the wireless communications industry. Founded in 2002, FES employs 300+ highly…
ReadyAssist, a roadside service assistance provider, has acquired SpeedForce, a Vadodara-based two-wheeler servicing firm, for $10 million in a cash and stock deal, according to VCCircle report. With this acquisition ReadyAssist plans to race in India’s largest chain of multi-branded two-wheeler workshops. It also aims to strengthen its chain of SpeedForce workshops by adding another 700 this calendar year,…