Cognizant has acquired Washington, D.C.-based New Signature, a Microsoft public cloud transformation specialist. No financial terms were disclosed. Arma Partners provided financial advice to New Signature on the transaction. New Signature was backed by Columbia Capital.
Arma Partners is pleased to announce that it acted as financial advisor to New Signature, a portfolio company of Columbia Capital, on its sale to Cognizant (Nasdaq: CTSH).
New Signature is one of the world’s largest independent Microsoft public cloud transformation specialists. Its success has been built helping its clients create and accelerate their digital business transformation through the adoption of Microsoft cloud technologies.
The acquisition of New Signature will further deepen Cognizant’s expertise in advisory and managed services across the Microsoft cloud product suite including Azure, Microsoft 365 and Dynamics 365.
Founded in 2003 and headquartered in Washington, D.C., New Signature has operations in the United States, Canada, the UK and South Africa. New Signature serves more than 300 enterprise clients globally across all major industries and has over 500 cloud experts.
This transaction further demonstrates Arma Partners’ depth and experience as the leading specialist advisor to the world’s most important public cloud and digital transformation companies. It also highlights our ability to deliver successful outcomes to US headquartered businesses with global operations.
About Arma Partners
Arma Partners provides independent corporate finance advice to companies and investors active in the global Digital Economy. We act as trusted advisors to Digital Economy leaders throughout their entire corporate lifecycle, from raising private capital for fast-growing disrupters and founder-led businesses to orchestrating complex cross-border M&A deals for private equity investors and global large-cap public companies. Founded in 2003, Arma today employs a large dedicated advisory team with unparalleled domain expertise and an enviable track record in each of the diverse sub-segments that together comprise the ever-expanding global Digital Economy.
Arma Partners LLP is authorised and regulated by the Financial Conduct Authority. US Arma Partners LP is regulated by the Financial Industry Regulatory Authority (FINRA) and is a member of the Securities Investor Protection Corporation (SIPC). Further information at www.armapartners.com.