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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