TechM buys 85% in IT firm Avant for CAD 28 million

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The acquisition of 85% shareholding of Avant, valued astatine 28 cardinal Canadian dollars, is expected to beryllium completed by 31st July, 2026 portion the balance 15% volition beryllium acquired by 30th June, 2029, TechM said successful a regulatory filing connected Thursday

Published - May 01, 2026 06:32 americium IST - Bengaluru

Tech Mahindra, the IT limb of Mahindra Group connected Thursday (April 30, 2026) acquired a Canadian IT services firm, Avant Techno Solutions (Alluri Technologies Inc) successful an each currency deal.

The acquisition of 85% shareholding of Avant, valued astatine 28 cardinal Canadian dollars, is expected to beryllium completed by 31st July, 2026 portion the balance 15% volition beryllium acquired by 30th June, 2029, TechM said successful a regulatory filing connected Thursday.

Published - May 01, 2026 06:32 americium IST

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