Happiest Minds Technologies Acquires PureSoftware Technologies for $94.5M
April 25, 2024
Happiest Minds Technologies Limited has signed definitive agreements to acquire 100% of PureSoftware Technologies Private Limited for US$94.5 million (₹779 Crores), comprising an upfront payment and deferred consideration tied to FY25 performance targets. The acquisition (PureSoftware: ~1,200 employees; FY24 revenue ~US$43M) strengthens Happiest Minds' digital engineering, BFSI and healthcare capabilities and expands its geographic presence including the USA, UK, Mexico and several APAC and African offices.
- Buyers
- Happiest Minds Technologies Limited
- Targets
- PureSoftware Technologies Private Limited
- Industry
- IT Services
- Location
- Uttar Pradesh, India
- Transaction Type
- Buyout
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