Endava to Acquire GalaxE Solutions to Boost Its Position in North America Healthcare With Delivery from India
Endava, a leading technology services company combining world-class engineering, industry expertise, and a people-centric mindset, has entered into a definitive agreement to acquire 100% ownership of GalaxE Group, Inc. (GalaxE), a global IT and business solutions provider headquartered in New Jersey, United States.
Founded by Tim Bryan over 30 years ago, GalaxE has been singularly focused on driving digital transformation for Fortune 500 companies in the healthcare, financial services, and retail industries.
When completed, the transaction will add approximately 1,650 employees and provide several key strategic benefits to Endava:
Significantly Expands Endava’s Footprint in North America: GalaxE brings decades of experience serving customers in North America, significantly expanding Endava’s go-to-market and growth initiatives in the region
Provides Deep Domain Expertise in the U.S. Healthcare Market: Over 70% of GalaxE’s revenues come from U.S. Healthcare clients, including clients in the payor services and pharmaceutical industries
Establishes Endava’s Delivery Operations in India: With nearly 1,200 employees in India, GalaxE serves as the first building block underpinning the expansion of Endava’s delivery operations in India
Complementary Platform Capabilities Focused on Enterprise Digital Transformation: GalaxE has developed a comprehensive suite of digital accelerators called GxFource, which offers broad applicability to Endava’s current clients while also ...
Source: EMR and HIPAA - Category: Information Technology Authors: Healthcare IT News Tags: Health IT Company Healthcare IT Akin Gump Strauss Hauer & Feld LLP BofA Securities Endava GalaxE GalaxE Group Inc. Health IT Acquisitions Healthcare M&A John Cotterell JP Morgan Securities LLC Tim Bryan White & Case LLP Source Type: blogs
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