Nagarro SE Acquires Advanced Technology Consulting Service, Inc. (ATCS)
October 18, 2021
Nagarro SE signed agreements to acquire Advanced Technology Consulting Service, Inc. (ATCS) and its international subsidiaries from the company’s shareholders. The ATCS group, headquartered in Montvale, New Jersey, generated about $30 million in 2020; the deal values the business in the mid two‑digit millions of U.S. dollars plus a smaller earn‑out through 2024 and is expected to close in the coming weeks.
- Buyers
- Nagarro SE
- Targets
- Advanced Technology Consulting Service, Inc. (ATCS)
- Sellers
- Shareholders of Advanced Technology Consulting Service, Inc.
- Industry
- IT Services
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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