Infosys has agreed to acquire Simplus, a Salesforce Platinum Partner in the United States and Australia, for about $200 million in cash.
The deal is expected to close during the fourth quarter of FY 2020, Infosys said in a regulatory filing last night.
This acquisition, coupled with the acquisition of Fluido announced in September 2018, will elevate Infosys’ position as an end-to-end Salesforce enterprise cloud solutions and services provider, offering clients capabilities for cloud-first digital transformation.
“This acquisition is key to staying relevant to the digital priorities of clients and demonstrates our commitment to the Salesforce ecosystem,” Pravin Rao, chief operating officer at Infosys said.
Simplus will bring in Salesforce expertise, knowledge, solution assets, ecosystem relationships and a broad clientele, across a variety of industries including high-tech, financial services, retail, healthcare, life sciences and manufacturing.
Simplus has offices across North America, Sydney, Melbourne, London, and a large delivery centre in Manila.
Ryan Westwood, CEO and co-founder of Simplus, said: “We believe that the alignment of our company values, and the preservation of our company DNA will allow us to accelerate growth and together become the strongest and most respected partner in the Salesforce ecosystem.”
Simplus in January 2019 said it closed $20 million funding led by Kensington – SV Global Innovations LP (“KSV”) and joined by Savano Capital Partners with the participation of existing investors such as Salesforce Ventures, Cross Creek Advisors, EPIC Ventures, University Growth Fund, Simplus CFO Paul Fletcher, and G2 Crowd CEO Godard Abel.
Simplus is one of the largest CPQ (configure, price, quote) technology service providers, with more than 150 certified consultants and offices in the United States, Canada, Australia, and the Philippines.