Acquiring consulting company BlakYaks at 10.7x EV/EBITA
Seems to be a good growing and highly profitable business
Adds 1% to sales, 5% to EBITA and Proact remains in net cash territory
UK acquisition of consulting business
Earlier this week, Proact announced the acquisition of UK company BlakYaks, a consulting company with expertise in cloud transformation and fully automated Microsoft Azure solutions. The acquisition strengthens Proact's position as a specialist in hybrid cloud services and expands the company's expertise in Microsoft Azure and cloud native technologies to create higher customer value. Founded in London in 2020, BlakYaks is a privately owned Azure consulting & engineering business, specialising in delivering highly automated cloud native services. The company employs around 50 people and is active in the financial services and insurance sectors, with a focus on delivering value-added solutions to medium and large enterprises.
Finwire
March 21, 2025 - 12:04