IT Services Divestitures in 2020
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- Buyer
- CGI
- Target
- Harris, Mackessy & Brennan, Inc. — Professional Services Division
- Seller
- Harris, Mackessy & Brennan, Inc.
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Divestiture
CGI acquired the Professional Services Division of Harris, Mackessy & Brennan, Inc. (HMB), a transaction that closed on December 31, 2020. The division brings approximately 165 consultants and expanded consulting capabilities and client relationships—notably in the utilities market and with the State of Ohio—strengthening CGI's footprint in Central Ohio and the Columbus metro.
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- Buyer
- Netrix, LLC
- Target
- Prosum (Microsoft Consulting and Managed Services Business Unit)
- Seller
- Prosum, Inc.
- Industry
- IT Services
- Location
- California, United States
- Type
- Divestiture
Netrix, LLC has acquired the Microsoft Consulting and Managed Services Business Unit of Prosum, Inc., expanding Netrix's West Coast presence and strengthening its Microsoft-focused managed services capabilities. The transaction transfers Prosum's Microsoft services team, customers and vendor relationships into Netrix to deepen its managed services offering.
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Peraton (Veritas Capital) Acquires Northrop Grumman Federal IT and Mission Support Services BusinessDecember 8, 2020
- Buyer
- Veritas Capital, Peraton
- Target
- Northrop Grumman Federal IT and Mission Support Services Business
- Seller
- Northrop Grumman
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Divestiture
An affiliate of Veritas Capital completed the $3.4 billion cash acquisition of Northrop Grumman's federal IT and mission support services business. The business, which generated approximately $2.3 billion in revenue in 2020, will be combined with Veritas portfolio company Peraton to create a scaled government mission capability integrator serving defense, intelligence, civil and health agencies.
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- Buyer
- Service Express
- Target
- Third-party maintenance division of Zensar Technologies
- Seller
- Zensar Technologies
- Industry
- IT Services
- Location
- Maharashtra, India
- Type
- Divestiture
Service Express, a US-based third-party data center maintenance provider, acquired the third-party maintenance division of Zensar Technologies to strengthen its international presence and support Zensar's maintenance customers going forward. The deal transfers Zensar's data center maintenance customers and capabilities to Service Express and follows Service Express' broader push to expand its global TPM footprint and integrations on its ExpressConnect platform.
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- Buyer
- Softline Holding
- Target
- Aplana Group (software development outsourcing business)
- Seller
- Aplana Group
- Industry
- IT Services
- Location
- Russia
- Type
- Divestiture
Softline Holding has acquired the software development outsourcing business of the Aplana Group. Approximately 200 employees from three Russian development centers (Moscow, Voronezh and Ufa) will join Softline as the Aplana Group retains the Aplana brand and focuses on its product and R&D strategy.
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September 8, 2020
- Buyer
- Noblis
- Target
- Inductive Minds
- Seller
- Inductive Minds
- Industry
- IT Services
- Location
- Virginia, United States
- Type
- Divestiture
Noblis has acquired the cloud and analytics capabilities of Inductive Minds, bringing a Sterling, Virginia-based team into Noblis to strengthen cloud hosting, systems engineering and analytics services for U.S. government clients. Noblis said the move will accelerate its ability to meet growing demands from national security, intelligence and law enforcement customers.
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- Buyer
- Avtex
- Target
- Communications Products, Inc. (CPI)
- Seller
- Communications Products, Inc. (CPI)
- Industry
- IT Services
- Location
- Indiana, United States
- Type
- Divestiture
Avtex has acquired the contact center assets and Genesys customer portfolio of Communications Products, Inc. (CPI), an Indiana-based provider of contact center and communication solutions. The asset purchase expands Avtex’s contact center technical talent, geographic reach and client base and strengthens its capabilities around Genesys- and Microsoft-based CX solutions.
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