• Geographic expansion strategy: Persistent Systems pursued the acquisition of Nagarro to scale its footprint beyond North America—which currently accounts for 82% of its revenue—into Western and Eastern Europe, the Middle East, and Asia to compete for large global bids.
• Combined revenue scale: The acquisition expands the combined Persistent-Nagarro Group to $2.9 billion in total revenue, comprising $1.7 billion from North America, approximately $600 million from Europe, and about $70 million from the Middle East and Turkey.
• Vertical and service expansion: The deal adds capabilities in SAP and Adobe while broadening industry coverage into consumer and industrial verticals, with the industrial business reaching roughly $440 million combined.