Transactions Details

DEC 2023

Sell-side Advisory

has been acquired by

A portfolio Company of
Halifax Group

Seller

Buyer

Focus Sector

Suyati
Technologies

Milestone
Technologies

Product Engineering and
Advanced Analytics

Milestone Technologies Acquires Suyati Technologies Pvt Ltd, a global IT Solutions company

Acamar is pleased to announce that it has acted as the exclusive financial advisor to the shareholders of Suyati Technologies, one of the leading Microsoft and cloud consulting, advanced analytics and salesforce consulting company in the USA on its strategic sale to Milestone technologies.

Milestone Technologies, a Silicon Valley based global IT services and digital solutions firm, announced today the acquisition of Suyati Technologies Pvt Ltd, an IT company providing tech services and solutions in Microsoft and Cloud Technologies, Salesforce Platform, Advanced Analytics, headquartered in Kochi, India. The acquisition expands Milestone’s global footprint
and bolsters their Applications and Digital Engineering Services portfolio.
Suyati brings nearly 15 years of experience in crafting and executing impactful digital strategies and solutions to position their clients ahead of the competition, leveraging advanced analytics and their rich expertise in CMS, CRM, e-commerce and marketing automation.

“I am delighted to welcome the Suyati team, their valued customers, and partners to Milestone Technologies. We are excited about the enhanced capabilities and expertise Suyati adds to the Milestone services portfolio, empowering our teams to collaborate to drive transformative and substantial value for clients,” said  Sameer Kishore, Milestone’s CEO. “Suyati and Milestone share a deep commitment to fostering a positive employee experience and delivering exceptional value to clients.”

“The Suyati journey has been guided by a belief in innovation and in our people,” said Mukund Krishna, Founder and Chairman of Suyati, “and we are pleased to be joining the Milestone team to forge a path together toward a brighter future for our employees and our clients.”  Krishna continued, “Considering Milestone’s extensive service portfolio and global reach, we are well-positioned to broaden our services and support our clients with their global IT needs.”

Mangesh Raut, Founder and Managing Partner of Acamar added, “Mukund Krishna has built a highly valuable product engineering and salesforce consulting business. We are excited to close this deal with Milestone Technologies. The transaction showcases Acamar Advisor’s deep capabilities in digital transformation, particularly analyzing product engineering and salesforce capabilities.”

About Milestone Technologies  
Milestone Technologies is a global IT Services and Digital Solutions company based in Silicon Valley and has been providing innovative IT and Digital solutions since 1997, helping hundreds of leading corporations deliver technology around the globe. The company employs 3,000+ industry professionals, serves over 200 clients, and operates in 35 different countries. Milestone is majority owned by The Halifax Group, a middle market private equity firm that partners with founders and management to invest in market-leading companies. For more information, please visit www.milestone.tech and follow Milestone Technologies on LinkedIn.

About Suyati Technologies  
Suyati Technologies partners with clients to strategize and implement impactful digital initiatives to position their clients ahead of the competition. They are digital-first and focus on delivering great customer experiences to accelerate exponential growth. With Suyati’s rich expertise in CMS, CRM, e-commerce, and Marketing Automation, they help companies across the globe leverage their best on web and cloud through Suyati’s platform integration, data analytics and customer engagement services. For more information, please visit https://suyati.com/.

About Acamar Advisors
Acamar provides investment banking and advisory services to leading technology industries globally. Acamar with its presence in the USA, EU and Asian region helps it’s clients sell companies, raise capital. For more information, including research on the M&A markets visit, www.acamaradvisors.com

Acamar Advisor was an outstanding advisor for us - they demonstrated an unparalleled understanding of the Automation, AI and Data Science and technology services buyer ecosystems, and had formidable access to strategic buyers and investors internationally. We are very happy that they helped secure the right strategic partner in Alan Allman Associates and we are grateful to entire TH team for their diligence, dedication, and support throughout the process.
-Willium Xender
Founder

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