M&A
confidence high
sentiment positive
materiality 0.75
EPAM completes $630M acquisition of NEORIS, boosting LatAm and Europe delivery
EPAM Systems, Inc.
- Acquired 99.692% of NEORIS for $630M cash, subject to customary adjustments.
- NEORIS adds ~4,800 professionals across Latin America, Spain, and the U.S.
- Sellers: Advent International and Cemex; deal closed November 1, 2024.
- Acquisition expands EPAM's nearshore delivery capabilities and client reach in key industries.