EPAM Systems Acquires NEORIS

September 4, 2024

EPAM Systems has acquired NEORIS, a Miami‑headquartered advanced technology consultancy with ~4,700–4,800 professionals, from funds managed by Advent International and Cemex. The transaction expands EPAM's nearshore and Latin America delivery capabilities and broadens its offerings across digital transformation, SAP, data & analytics, and AI for clients in manufacturing, banking, retail and other industries; the deal closed Nov. 1, 2024 (initial agreement announced Sept. 4, 2024).

Buyers
EPAM Systems, Inc.
Targets
NEORIS
Sellers
Advent International, Cemex
Industry
IT Services
Location
Florida, United States
Transaction Type
Buyout

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