KPIT Cummins Infosystems acquires US-based Sparta Consulting for $38 million

KPIT Cummins Infosystems acquires US-based Sparta Consulting for $38 million

Pune-based manufacturing solutions provider KPIT Cummins Infosystems has agreed to buy US-based Sparta Consulting Inc. for up to $38 million.

California-based Sparta, which specializes in implementing SAP AG’s business software, has generated revenue of $26 million over the period and is KPIT Cummins’ sixth buy since 2003. Sparta has operations in Noida, on the outskirts of New Delhi and also in Pune.

A company official, who did not want to be identified, has informed that the merger of Sparta with KPIT Cummins Infosystems would materialize in about two months while the all-cash-payment would happen over next three years.

The acquisition is expected to be completed by December.