Business Wire IndiaTechnology Holdings, a global boutique investment bank with offices in North America, Europe and the Asia-Pacific is pleased to announce that it has acted as the exclusive financial advisor to DEK Technologies, a software engineering and embedded systems specialist headquartered in Melbourne, Australia on its strategic sale to Endava.
Founded in 1999 by Drini Mulla, Eddie Yim and Kerim Tanovic, DEK Technologies specialises in software and hardware engineering, and embedded systems. DEK provides cutting edge software and hardware solutions across a diverse range of sectors, with a team of ~700 people located in offices across Australia, Sweden and Vietnam.
With the acquisition of DEK Technologies, Endava will enhance its Asia Pacific (APAC) reach, its presence and customer base in Sweden and a strong telecommunications vertical capability. DEK’s delivery capacities in Vietnam will also serve as a “major delivery” location in the Asia-Pacific. “DEK brings with it great talent, with particular expertise in the globally innovative domains of telecoms and embedded tech,” said John Cotterell, Endava’s CEO. “We’re excited by the opportunity to cross-sell our capabilities to each other’s clients.”
“Technology Holdings was an outstanding adviser to us throughout the sale process - their attention to detail and thorough approach was critical in ensuring the deal could get done. Their advice, support and assistance throughout the process was invaluable and the TH team managed and guided us through the complex deal negotiations exceptionally well. They have incredible deal experience within the technology, digital and software engineering space and remained dedicated and supportive throughout the entire journey. Thanks to TH for helping us achieve an incredible outcome!” said Drini Mulla, CEO of DEK Technologies.
Vivek Subramanyam, Founder and CEO of Technology Holdings said, “It has been a great pleasure working with DEK Technologies - their capabilities and team are exceptional and we are thrilled to have delivered the perfect strategic partnership with Endava. This is our 7th engineering services transaction and further demonstrates our deep expertise and leadership in the space."

View source version on businesswire.com: https://www.businesswire.com/news/home/20230726137292/en/
"Kalkine Media dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor
incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud
exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute
irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla
pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia
deserunt mollit anim id est laborum."
Section 1.10.32 of "de Finibus Bonorum et Malorum", written by Cicero
in 45 BC
"Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium
do Kalkine que laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore
veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam
voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur
magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est,
qui do Kalkine Media quia dolor sit amet, consectetur, adipisci velit, sed quia non
numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat
voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis
suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum
iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur,
vel illum qui do Kalkine eum fugiat quo voluptas nulla pariatur?"
1914 translation by H. Rackham
"But I must explain to you how all this mistaken idea of denouncing pleasure and
praising pain was born and I will give you a complete account of the system, and
expound the actual teachings of the great explorer of the truth, the master-builder
of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it
is pleasure, but because those who do not know how to pursue pleasure rationally
encounter consequences that are extremely painful. Nor again is there anyone who
loves or pursues or desires to obtain pain of itself, because it is pain, but
because occasionally circumstances occur in which toil and pain can procure him some
great pleasure. To take a trivial example, which of us ever undertakes laborious
physical exercise, except to obtain some advantage from it? But who has any right to
find fault with a man who chooses to enjoy a pleasure that has no annoying
consequences, or one who avoids a pain that produces no resultant pleasure?"
1914 translation by H. Rackham
"But I must explain to you how all this mistaken idea of denouncing pleasure and
praising pain was born and I will give you a complete account of the system, and
expound the actual teachings of the great explorer of the truth, the master-builder
of human happiness. No one rejects, dislikes, or avoids pleasure itself, because it
is pleasure, but because those who do not know how to pursue pleasure rationally
encounter consequences that are extremely painful. Nor again is there anyone who
loves or pursues or desires to obtain pain of itself, because it is pain, but
because occasionally circumstances occur in which toil and pain can procure him some
great pleasure. To take a trivial example, which of us ever undertakes laborious
physical exercise, except to obtain some advantage from it? But who has any right to
find fault with a man who chooses to enjoy a pleasure that has no annoying
consequences, or one who avoids a pain that produces no resultant pleasure?"