okyo headquartered ABeam Consulting, has acquired about 25% stake in IT solutions and services provider, Optimum Solutions, for an undisclosed amount. With the deal, Abeam aims to strengthen its IT solutions capabilities in the Southeast Asia region and form closer ties with customers in this region. Cipher-Plexus acted as the sole financial advisor to Optimum Solutions for this transaction. Headquartered in Singapore, Optimum Solutions is a provider of IT solutions and services. It has over 2200 employees with operations across Southeast Asia (Singapore, China, Hong Kong, India, Malaysia, and Philippines). The company provides applications development & support, and infrastructure management services for clients in the banking and financial services sector. ABeam Consulting provides business transformation services that create strategic advantage, improve business processes, leverage technology innovation and enhance organizational performance for multinational and domestic companies worldwide. It has offices in China, Japan, Korea, Malaysia, Singapore, Taiwan, Thailand, Belgium, Germany, the Netherlands, Switzerland, the United Kingdom, Canada, and the United States. Founded in 1994, Cipher – Plexus is a mid-market boutique investment bank focused on Private Equity Advisory, Mergers & Acquisitions Advisory and Debt Advisory services. It is headquartered in Mumbai with presence in Delhi, Bangalore and Chennai.
Source: dealcurry.comABeam Consulting Acquires Stake In Optimum Solutions
Industry: Other 2015-11-20