CapitalNumbers Infotech enters into SPA to acquire 100% stake in Epitomecloud

CapitalNumbers Infotech has entered into a stock purchase agreement (SPA) with Epitome Cloud Inc. (Epitomecloud), for acquisition of 100% ownership in Epitome Cloud Inc. (Epitomecloud) and indirect acquisition of its subsidiary in India, i.e., Epitomecloud Technology.

The proposed acquisition aligns with the strategic objectives disclosed in the company’s IPO and supports the company’s long-term growth and capability expansion plans. The transaction is expected to strengthen capital numbers’ capabilities in salesforce-led digital transformation; expand the company’s presence and customer access in the US market; add specialized delivery capability and domain expertise; create opportunities for cross-selling and broader service adoption across existing and future clients; and enhance the company’s international delivery and growth platform. Cost of acquisition is Rs 40 crore. 

CapitalNumbers Infotech is engaged in the business of digital consulting and IT engineering offering end-to-end software development solutions to enterprises, and startups worldwide.