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Industry Week in Review – March 27, 2020

KippsDeSanto & Co. Industry Week in Review – March 27, 2020

Industry Week in Review – March 27, 2020

M&A Transactions

CGI, Inc. has agreed to acquire TeraThink Corporation, a provider of digital transformation, ERP implementation, and technology solutions with specializations in automation, agile development, enterprise application technologies, data analytics, optimization, and cloud computing. KippsDeSanto & Co. acted as the financial advisor for TeraThink. Terms of the transaction were not disclosed.

 American Holoptics, LLC has agreed to acquire EOTech, Inc., a subsidiary of L3Harris Technologies, Inc., a provider of holographic sighting systems, magnified field optics, and accessories for military, law enforcement, and commercial markets around the world. Terms of the transaction were not disclosed.

Shorepoint, Inc. has acquired Cyberyllium, LLC, a provider of data transformation services offering Elasticsearch and data analytics capabilities across government and corporate enterprises. Terms of the transaction were not disclosed.

Thomson Reuters has acquired Pondera Solutions, a portfolio company of Serent Capital, a provider of advanced analytics and cloud-computing solutions that combat fraud, waste, and abuse (“FW&A”) in government and healthcare programs. Terms of the transaction were not disclosed.

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