Cognizant Acquires Belcan for Approximately $1.3 Billion

June 10, 2024

Cognizant has signed a definitive agreement to acquire Belcan, a global supplier of engineering R&D and digital engineering services, for approximately $1.3 billion in cash and stock. The acquisition expands Cognizant's ER&D capabilities and establishes a leadership position in the aerospace & defense market while preserving Belcan's brand and leadership under CEO Lance Kwasniewski.

Buyers
Cognizant
Targets
Belcan
Sellers
AE Industrial Partners
Location
Ohio, United States
Transaction Type
Buyout

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