Infosys $560M US Deals
Infosys announced $560 million in acquisitions of two US tech firms focused on healthcare and insurance — its largest annual M&A outlay to date and expected to generate $319 million in incremental revenue. The move underscores continued global buyers' appetite for verticalized tech services assets. (livemint.com)
Infosys has signed definitive agreements to acquire Optimum Healthcare IT for up to $465 million and Stratus Global LLC for up to $95 million, according to the company’s filings and Reuters reporting. (infosys.com) Optimum reported $275.9 million in revenue for the year ended Dec. 31, 2025 and brings a team of more than 1,600 healthcare specialists, while Stratus reported FY25 revenue of $42.8 million and lists a bench of 450+ Guidewire and P&C insurance experts. (cnbctv18.com) Both transactions are structured as all‑cash deals with upfront payments plus performance‑linked earnouts (management incentives and retention bonuses excluded), and Infosys says the closings are expected in the first quarter of fiscal 2027 subject to customary closing conditions and, for Optimum, U.S. competition/antitrust reviews. (moneycontrol.com) Infosys’ press releases position Optimum as a Best‑in‑KLAS provider‑focused digital transformation and provider‑segment specialist and describe Stratus as a Guidewire‑focused P&C consultancy that will be folded into Infosys’ Topaz AI and Cobalt cloud offerings. (infosys.com) Analysts flagged modest near‑term margin pressure but incremental growth: Morgan Stanley’s models peg the pair’s contribution at roughly 1.2% of FY27 revenue, and deal commentary shows implied price/sales multiples of about 1.7x for Optimum and roughly 2.2x for Stratus based on reported FY25 revenues. (etnownews.com) Optimum was majority‑owned by private‑equity backer Achieve Partners prior to the sale and had rapidly scaled revenue from roughly $106.6 million in FY24 to $275.9 million in FY25, while Stratus—founded in 2001—operates delivery centres across the U.S., Canada and India, giving Infosys both scale and specialised delivery capacity in two verticals. (prnewswire.com)
