---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-24-000031"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2024-09-04T23:59:59+00:00"
generated_at: "2026-05-31T06:24:42.883564+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EPAM to acquire NEORIS for $630M cash; expands LATAM delivery capabilities

## Summary
- Purchase price $630M in cash, subject to customary adjustments; expected close Q4 2024.
- NEORIS is a Miami-based consultancy with 4,700+ professionals in LATAM, Spain, US.
- Sellers are Advent International and Cemex; NEORIS CEO Martin Mendez will join EPAM.
- Acquisition strengthens EPAM's nearshore delivery in Latin America and Europe across key industries.
- Regulatory approvals needed; termination date March 2025 with possible 105-day extension.

## SEC filing metadata
- accession: 0001352010-24-000031
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2024-09-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000031/0001352010-24-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000031/epam-20240828.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-24-000031
- JSON: https://secwatch.observer/filing/0001352010-24-000031.json
- Plain text: https://secwatch.observer/filing/0001352010-24-000031.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.