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LiquidHub

Company

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Owners:
Capgemini
Financial results
2017 year
Revenue: 200 millions

Owners

The American company LiquidHub specializes in IT consulting, helping business clients to carry out digital transformation. LiquidHub offers full range of services in the field of analytics, digital architecture, the personalized content, data management, development, researches of the market and business strategy.

2018: Capgemini buys LiquidHub

In February, 2018 the French supplier of IT solutions and consulting services of Capgemini Group announced LiquidHub purchase.

Exact transaction amount is not called, however in Capgemini reported that will pay the amount which corresponds to about two indicators of annual revenues for LiquidHub acquisition. In 2017 sales of LiquidHub made about 200 million euros ($248 million at the rate of for February 5 of the 2018th) so the company can be estimated by Capgemini approximately at $500 million.

As notes the CRN edition, merger of LiquidHub expands possibilities of Capgemini in the field of digital transformation and helps to strengthen positions in the American market.

Capgemini buys service provider of IT consulting of LiquidHub for $500 million

The chairman of the board of directors and the CEO of Capgemini   Paul Hermelin  reported that the aspiration of LiquidHub to help clients to take advantages of the digital examination and complex technology work in which clients of clients of LiquidHub are involved will add extensive business of digital services of Capgemini.

According to the cofounder and the head of LiquidHub Jonathan Brassington, the full range of solutions and services for digital transformation which are offered by Capgemini and also global presence of the company will help LiquidHub to expand offers for the acting and future clients of LiquidHub. It is very interesting perspective for all command, declared Brassington, characterizing the transaction with Capgemini.

It is going execute all formalities concerning sale of LiquidHub of Capgemini company for several months after the declaration of the agreement.[1]

Notes