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KPIT Technologies acquires Caresoft Engineering Solutions

May 06, 20258 months ago

Acquiring Company

KPIT Technologies

Acquired Company

Caresoft

PuneLivoniaAutomotiveSoftwareAutomotive

Description

KPIT Technologies has announced its 100% acquisition of Caresoft's Global Engineering Solutions. This acquisition aims to enhance KPIT's capabilities in the automotive sector, focusing on Off-highway, Truck, and Bus segments. Caresoft Global will restructure its business to create benchmarking and engineering solutions. The partnership is set to bring significant synergies aligned with KPIT's strategic goals.

Company Information

Company

KPIT Technologies

Location

Pune, Maharashtra, India

About

KPIT Technologies is a global partner to the automotive and mobility ecosystem for making software-defined vehicles a reality. It is a leading independent software development and integration partner helping mobility leapfrog towards a clean, smart, and safe future.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed