With the acquisition of Politec, Indra will become in a top tier player in the Brazilian IT services market, with pro-forma revenues of 557 R$M (approximately 250 €M) and a diversified position in the main vertical markets: Telecoms, Public Administrations, Financial Services and Energy and Industry.
This transaction generates significant revenue synergies, both from cross selling of Indra’s solutions portfolio through Politec’s sales network and client base, and from the possibility to undertake larger projects. Additionally, it strengthens Indra’s potential to grow in the Security & Defense and Transport & Traffic markets.
Politec is one of the largest companies in the Brazilian IT Services sector, founded 40 years ago, with a solid position in the verticals of Energy and Industry, Financial Services and Public Administrations, having reached sales of c. R$400 R$M in 2010 (approximately 180 €M), and employing 5,000 professionals with a broad sales force network across the most relevant Brazilian states.
Get to know the new social net GeoConnectPeople.
