STRATA ADVISES NYSE LISTED LUXOFT ON THE ACQUISITION OF EXCELIAN
Luxoft (NYSE:LXFT US) is a leading provider of software development services and innovative IT solutions to a global client base consisting primarily of large multinational corporations.
Strata Partners acted as the exclusive financial adviser to Luxoft, a Switzerland headquartered provider of software development services and IT solutions with a market capitalisation of US$1.6 billion.
This transaction was our fifth cross-border deal in the last two years.
We are delighted to announce the completion of Luxoft’s acquisition of Excelian, a systems integrator and technology consulting company specializing in trading and risk management software in the financial services and commodities markets.
We deployed our specialist knowledge of IT consulting and systems integration companies as well as our understanding of the trading and risk management sector to advise Luxoft throughout the transaction process. Our role also involved structuring an offer that addressed one of the main complexities of the transaction – that the majority shareholders of Excelian were not activity involved in the business. We were able to help Luxoft develop and negotiate a highly tax efficient share scheme to incentivise and retain senior Excelian executives.