Mphasis Limited acquired Sonnick Partners LLC for $132.5 million.
October 11, 2023
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Mphasis Limited (BSE:526299) acquired Sonnick Partners LLC for $132.5 million on October 13, 2023. Ethan Skerry, Joseph Schenck, Matt Cantor, Mike Knobler ,Steve Albertson of Fenwick & West LLP acted as legal advisor to Mphasis .
Mphasis Limited (BSE:526299) completed the acquisition of Sonnick Partners LLC on October 13, 2023.
Mphasis Limited is an India-based company, which applies design, architecture, and engineering services, to deliver scalable and sustainable software and technology solutions. The Company's segments include Banking and Financial Services, Logistics and Transportation, Technology Media and Telecom, Insurance, and Others. It uses its Front2Back transformation approach, which uses cloud and cognitive to provide personalized digital experiences to clients and their end customers. It provides a range of services, which includes application services, blockchain platform, business process services, cloud, cognitive, cyber security, digital, enterprise automation, infrastructure services, products engineering, XaaP (Everything as a Platform) services, and others. It serves various industries, which include banking-capital market, insurance, healthcare and life science, payments, hospitality, travel and transportation, energy and utilities, oil and gas and others.
MPHASIS LIMITED 
