CLPS · Categories · M&A
CLPS - Mergers and acquisitions
CLPS Incorporation (CLPS) mergers and acquisitions - real-time wire coverage filtered to M&A only.
Recent M&A for CLPS
- CLPS Incorporation Successfully Acquires Shell Infotech, Accelerating Global Expansion StrategyHONG KONG, June 13, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS) today announced that, through its wholly-owned subsidiary, Ridik Pte. Ltd. ("Ridik"), it has acquired 100% of the equity of Shell Infotech Pte. Ltd. and its wholly-owned subsidiary Shell Infotech Consulting Sdn. Bhd. (collectively, "Shell Infotech"). This acquisition expands CLPS's client base and market share in Southeast Asia while strengthening its core IT competencies and service offerings, solidifying its commitment to global expansion. Established in 2003 and headquartered in Singapore, Shell Infotech is a leading IT consulting and managed services provider. Over the years, Shell Infote
- CLPS Incorporation Acquires College of Allied Educators in Singapore, Bolstering TCP and TDP StrategyHONG KONG, Jan. 9, 2024 /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (NASDAQ:CLPS), today announced that, through its wholly-owned subsidiary CLPS Technology (Singapore) Pte. Ltd., it has acquired 100% of the equity of College of Allied Educators Pte. Ltd. ("CAE"), a Singapore-based learning institution. This significant milestone marks a new phase in CLPS's Talent Creation Program ("TCP") and Talent Development Program ("TDP") strategy. Established in 2004 and strategically located in the heart of Singapore's Central Business District, CAE has earned an outstanding reputation with its registration in the Committee for Private Education ("CPE") and certifications from profes
- CLPS Incorporation Acquires Remaining Ownership Stake of Ridik to Further Advance Global FootprintHONG KONG, Dec. 29, 2020 /PRNewswire/ -- CLPS Incorporation (Nasdaq: CLPS) ("CLPS" or "the Company"), today announced that, through its indirectly wholly owned subsidiary, CLPS Technology (Singapore) Pte. Ltd., it has acquired the remaining 20% ownership stake in Ridik Pte. Ltd. ("Ridik"), a Singapore-based IT services company in which CLPS initially acquired 80% equity in September 2019. As a result, Ridik is now a wholly owned subsidiary of CLPS. CLPS has achieved significant growth in the Southeast Asia market since the initial acquisition of Ridik. For the year ended June 30, 2020, revenue generated from Singapore increased by 191.8% to $7.37 million compared to the previous year peri