Technology | M&A
Cerium Systems
acquired by
Tech Mahindra
Deal size: USD 30 mn
2020
About Cerium
A fast-growing engineering services company providing Fortune 500 clients with a portfolio of semiconductor design and embedded software services.
About Tech Mahindra
India’s leading IT services company and a specialist in digital transformation, consulting and business engineering services.
Momentum Capital's Role
Momentum Capital was the exclusive transaction advisor to Cerium, Momentum Capital worked with Cerium over several months to strategize the right timing for the transaction. Executed on the strategy by marketing it to a focused group of potential acquirers, and delivered a winning outcome
Client Testimonial
Speaking about the role played by Momentum Capital, Sudhakar Palisetti, co-founder and CEO of Cerium Systems, said “Momentum Capital has been a highly effective transaction advisor for Cerium. We have been particularly impressed with Momentum’s sector knowledge, ability to generate interest from multiple investors, process management & detail orientation, and providing us with the right advice that culminated in a great outcome for Cerium and its shareholders. I and my team look forward to working with Momentum Capltal in the future, and would not hes/tate to recommend them”