Ropes & Gray Advises Virtusa on its Acquisition of ITMAGINATION

In The News
April 5, 2024

Ropes & Gray has advised Virtusa Corporation, a global provider of digital strategy, digital engineering, and IT services, on its acquisition of ITMAGINATION Sp. z o.o., a premier technology consultancy headquartered in Warsaw, Poland.

This strategic move reflects Virtusa's commitment to enhancing its digital transformation offerings and expanding its nearshore delivery capabilities.

By combining Virtusa's deep domain expertise and global delivery model with ITMAGINATION’s technical excellence and strong local presence in Europe, the combined entity is poised to offer enhanced value to clients seeking to accelerate their digital transformation journeys.

This acquisition marks the second transaction Ropes & Gray has supported Virtusa on so far this year, having advised on its acquisition of BRIGHT, an elite partner to ServiceNow & Splunk, in February.

The Ropes & Gray team was led by private equity partner Elizabeth Todd and tax partner Chris Agnoli with support from private equity associates Kenan Ceylan, Max Banister-Buffery and Rouzana Kasem. Additional support was provided by tax associate Omar Asfar, and litigation & enforcement associate Patrick Doherty.