Alantra has acted as exclusive financial advisor to Sincera Technologies, a specialized AI development and data transformation company with deep telecommunications expertise, on its acquisition by Virtusa Corporation, a global leader in digital business strategy, product, and platform engineering, and a portfolio company of EQT.
Sincera brings deep AI, data and digital transformation expertise in telecom systems, including data engineering, OSS/BSS modernization, 5G infrastructure, and network automation. Its proprietary low-code data integration platform, 1Data, complements Virtusa’s existing digital engineering portfolio and enhances its ability to deliver actionable business insights. The Company has built a strong reputation delivering value for clients across sectors and maintains active relationships with a wide range of technology vendors, including major hyperscalers such as AWS. Sincera’s deep expertise of business models, regulatory requirements and operational hurdles, combined with proven expertise in systems architecture, has enabled it to deliver transformative outcomes for industry leaders in the telecommunications sector.
“Joining Virtusa allows us to leverage our telecommunications expertise with global delivery capability and reach a broader base of clients in the communications industry,” said Sanjay Jain, CEO of Sincera. “Our proven track record in telecom transformation, combined with Virtusa’s global reach and comprehensive service offerings, opens up new opportunities to drive innovation in the communications sector.”
This transaction further underscores Alantra’s leadership in M&A advisory to data and AI transformation consultancies. It builds on recent advisory to NewPort Capital and TDA management on the sale of TDA Group to The Relevance Group.
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