Avendus Capital advises KPIT Technologies on its acquisition of the Global Engineering Solutions business of Caresoft Global

We are excited to welcome Caresoft Global's Engineering Solutions business to the KPIT family. At KPIT, we are deepening relationships with trucks and off-highway makers and accelerating our foray into China. Also, OEMs across segments are looking for a partner who can bring more agility and cost efficiency by taking an integrated view of software, hardware, and manufacturing. With Caresoft Global's strong expertise, we have a strategic partnership which will bring unparalleled value to the mobility ecosystem.

The strength of this partnership is greater than the sum of its parts. While our engineering services are moving into great hands, Caresoft and KPIT will now focus on delivering greater value to customers seeking to save costs in a world of rapid technological evolution and geopolitical complexities. We will jointly deliver more value to our automotive customers in terms of technology, cost, and speed to market.

We are proud to partner with KPIT on another transformative transaction, continuing our long-standing relationship with them. KPIT and Caresoft’s partnership represents a highly strategic alignment of KPIT’s strengths in software-defined vehicles with Caresoft Global’s deep expertise in engineering and manufacturing solutions. It not only expands KPIT’s addressable market in critical growth segments but also enhances its ability to deliver end-to-end engineering solutions on a global scale.