Thoughtworks Acquires Australian AWS Consultancy Itoc

Thoughtworks Acquires Toronto-based Product Development Consultancy Connected

April 27, 2022

IT Services

Thoughtworks has acquired Connected, a Toronto-based product development consultancy with over 165 employees, to strengthen its customer experience, product and design (CXPD) capabilities and expand its presence in Canada. Connected’s full team will join Thoughtworks, and Connected leadership will take roles within Thoughtworks’ Canada organization; financial terms were not disclosed.

Atos Acquires Motiv ICT Security

December 16, 2020

Cybersecurity

Atos has reached an agreement to acquire Motiv ICT Security, the largest independent Managed Security Services provider in the Netherlands. The acquisition brings Motiv’s 180+ cybersecurity experts and sovereign SOC capabilities to Atos, strengthening its threat detection and response offerings and expanding its footprint in the Netherlands and Northern Europe.

Apax Partners Takes Thoughtworks Private in $1.75 Billion Buyout

November 13, 2024

IT Services

Apax Partners’ funds completed the acquisition of Thoughtworks for approximately $1.75 billion, taking the company private at $4.40 per share (a 48% premium to the 30‑day VWAP). Thoughtworks will no longer trade on NASDAQ and will operate as a privately held company as it focuses on long‑term strategy and expanding its AI‑enabled software and data engineering services.

The TNS Group Acquires ThinkTech Computers

February 9, 2022

IT Services

The TNS Group, a managed IT services provider with offices in New York City and Stamford, Connecticut, has acquired ThinkTech Computers, an IT services firm based in Fairhaven, Massachusetts. The acquisition expands TNS's footprint across Massachusetts and Rhode Island and brings ThinkTech's employees and technical capabilities into the TNS organization to support regional growth.

BSS Group Acquires On Tap and Subsidiary Aitoc to Strengthen European eCommerce Presence

October 11, 2024

IT Services

Singapore-based BSS Group has acquired EU-based eCommerce firm On Tap and its subsidiary Aitoc, adding their Magento, Shopify and Shopware expertise to BSS’s portfolio. The deal boosts BSS Group’s European capabilities and expands its team to support more tailored digital commerce services for clients across the UK, Germany, France, the Netherlands and broader Europe.

Accenture Acquires Cloudworks to Bolster Oracle Cloud Capabilities in Canada

July 19, 2021

IT Services

Accenture has acquired Cloudworks, a Toronto-based Oracle Cloud implementation services provider, to strengthen its Oracle cloud delivery and consulting capabilities across Canada and North America. Financial terms were not disclosed; Cloudworks—founded in 2016—has roughly 100 employees and expertise in ERP, EPM, HCM, RPA, data analytics and AI.