GalaxE Solutions Join Forces With Endava: Strategic Move to Strengthen Healthcare Market Presence Across North America

Technology services company Endava has finalized a definitive agreement to acquire 100% of GalaxE Solutions, a New Jersey-based IT and business solutions firm founded over three decades ago by Tim Bryan. The all-cash transaction, valued at up to $405 million (with $30 million contingent on future performance metrics), is projected to close in early April 2024 following standard regulatory approvals, including the U.S. Hart-Scott-Rodino Antitrust Improvements Act review.

Market Expansion and Healthcare Dominance

The acquisition will bring approximately 1,650 employees into Endava’s workforce, with a particularly significant advantage: nearly 1,200 professionals already stationed in India. This immediately establishes Endava’s first operational hub in the Asia-Pacific region, tapping into a talent pool the company identified as crucial for addressing increasingly sophisticated client demands.

GalaxE Solutions has built considerable market credibility in the healthcare vertical, where over 70% of its annual revenues originate from U.S. healthcare providers, including payor services and pharmaceutical companies. This specialization directly addresses one of Endava’s growth priorities in a sector experiencing accelerating digital transformation initiatives.

Competitive Advantages Through Technology and Talent

Beyond geographic expansion, GalaxE brings proprietary technology capabilities developed through its GxFource platform—a comprehensive suite of digital accelerators designed to streamline enterprise transformation projects. These tools complement Endava’s existing service offerings while creating new cross-selling opportunities within both companies’ client portfolios.

The combined organization gains immediate credibility in North America’s healthcare sector, supported by GalaxE’s established client relationships among Fortune 500 companies spanning Healthcare, Financial Services, and Retail industries. This positioning strengthens Endava’s go-to-market strategy across multiple verticals.

Strategic Vision and Integration Plans

Endava CEO John Cotterell highlighted the transaction’s alignment with the company’s global delivery platform ambition. “As our first footprint in India, it gives us access to a deep and sophisticated talent pool and positions us well for meeting increasingly complex customer needs,” he noted, emphasizing the combined entity’s capability to serve clients requiring both specialized healthcare expertise and scalable delivery resources.

Tim Bryan, GalaxE’s founder and CEO, expressed enthusiasm about leveraging Endava’s broader ecosystem. “The acceleration of digital transformation, driven by dynamic technological changes in Data Management and AI, is expanding the opportunity in the market,” he commented, highlighting how the partnership amplifies the GxFource suite’s potential impact through enterprise-grade distribution channels.

The advisory team supporting the transaction includes BofA Securities and Akin Gump Strauss Hauer & Feld LLP for Endava, with JP Morgan Securities LLC and White & Case LLP representing GalaxE Solutions.