Mphasis has acquired Stelligent a division of HOSTING
Industry
Information Technology
Sub Sector
Managed IT Services
Service
M&A Advisory
Transaction Date
November 2018
“The sale of Stelligent to Mphasis was the result of a robust and highly competitive transaction process orchestrated by Bank Street that involved a wide array of potential financial and strategic buyers on a global scale. The Bank Street team exhibited a deep understanding of Stelligent and the DevOps ecosystem surrounding Amazon Web Services that was instrumental in identifying the ideal universe of potential buyers and effectively positioning the company. Mphasis will be a great partner for Stelligent’s customers and employees and I am very pleased with the outcome of this transaction.”