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Netsoft USA Inc Acquired By EPAM

Netsoft USA Inc Acquired By EPAM

7 Mile Advisors Acted As The Exclusive Sell-Side Advisor To Netsoft Holdings, LLC In Their Acquisition By EPAM


7 Mile Advisors advised Netsoft Holdings, LLC (“Netsoft” or “Company”) in its sale to EPAM Systems, Inc. (NYSE: EPAM).

Netsoft USA is a technology services company headquartered in New York City. By combining business insight with user experience design and technology expertise, Netsoft is able to solve business challenges for clients in the financial services, healthcare, distribution, and life sciences industries, as well as supply chain management.  Netsoft built its business by hiring consulting, design, and technology leaders, by developing industry expertise, and by creating collaborative relationships with long-term clients.

By combining Netsoft’s Framework with user experience expertise and a collaborative approach to client relationships Netsoft is able to deliver applications that perform for the business.  The Framework is a collection of development environments, code generators, libraries, reusable components and tools that are applied to all client projects to streamline time to market and improve quality.  Netsoft’s user experience practice focuses on how users will experience a product or service by weaving user requirements, information architecture, and design to create compelling experiences and increase adoption.  Netsoft embraces open and collaborative relationships with the clients through independent reviews, guidance toolkits, a survey system, and our PMO office to continuously deliver measurable results, reduce risks, and improve quality.

This acquisition advances EPAM’s strategy to expand its leading position in the outsourced application development market. Netsoft has operations in New York City, NY and a delivery center in Eastern Europe.

7 Mile Advisors was the exclusive sell-side advisor to Netsoft.

About Netsoft:

Netsoft USA is a technology services company headquartered in New York City. By combining business insight with user experience design and technology expertise, the Company solves business challenges for clients in the financial services, healthcare, distribution, and life sciences industries, as well as supply chain management.

About EPAM (NYSE:EPAM):

EPAM is the #1 software services and solutions provider from Central and Eastern Europe. EPAM achieved its success through almost two decades of line-by-line hand crafting of complex solutions. From software products to core business applications, EPAM has provided expert consulting, development, testing, support and infrastructure services to many of the world’s leading organizations. As the world of technology has evolved, so has EPAM’s distributed delivery model which now includes advanced capabilities in running Agile and Lean engagements in a mix of Onshore/NearShore and Offshore models. EPAM’s style is always pragmatic and transparent, forming the backbone for the delivery approach. EPAM’s people are world class engineers and results speak for themselves. EPAM delivers complex solutions to clients around the world; and always with pride, passion and an eye towards perfection.

About 7 Mile Advisors:

7 Mile Advisors is a boutique investment bank which enables clients to increase and unlock enterprise value. 7 Mile serves clients worldwide by addressing the transactional and strategic opportunities faced by middle-market companies, boards, and financial sponsors. The firm provides customized mergers & acquisitions, private placement and restructuring services. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC.

For more information, including research on the M&A markets, visit www.7mileadvisors.com

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