Dextra Technologies Acquired By Deloitte
Sellside Advisor To Dextra Technologies
CHARLOTTE, NC – Dextra Technologies, a leading product engineering services and embedded software firm, has been acquired.
“There is a large shift in the marketplace that goes far beyond digital transformation. As enterprises in the automotive, wearable, education, and other spaces transition to organizations with smart products they need help from consultancies like Dextra to accelerate product design, testing, and management in order to compete in IoT or Industry 4.0. It is exciting to see what is possible bringing together a household name like Deloitte with Dextra Technologies to push IoT, Autonomous Driving, and Industry 4.0 forward,” commented Garth Martin, Vice President at 7 Mile Advisors.
Based in Mexico, Dextra Technologies designs, builds, and tests embedded software solutions that enable companies worldwide to rapidly innovate and develop smart, connected products. More than 350 seasoned product and software engineers, who will now join Deloitte Consulting, drive competitive advantage for their clients with an agile approach to engineering the future of business.
Daniel Chavez, Dextra Technologies CEO and incoming managing director, added, “Since 1997, Dextra Technologies has created distinct long-term value for leading global technology, automotive, consumer and life sciences companies through embedded software. Joining Deloitte Consulting will enable us to further scale our product engineering services, empower and advance our talent and provide greater competitive advantage for our clients.”
7 Mile Advisors’ LATAM practice is led by Managing Director, Horacio Yenaropulos, and supported by an experienced international team based in both the U.S. and Argentina. Other representative 7 Mile LATAM transactions include United Virtualities’ acquisition by Argano and Belatrix Software’s acquisition by Globant. For more information on 7 Mile’s IT Services and LATAM coverage, please visit www.7mileadvisors.com.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. 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.