Encora Acquired by Coforge | Technology M&A Deal

Coforge has completed the acquisition of Encora, a enterprise software business in Silicon Valley, for $2.5 billion. Coforge acquires Encora to strengthen its AI and enterprise software capabilities, with Encora leaders retained in a new composite operating structure effective May 1, 2026. Encora provides AI-enabled enterprise solutions that support technology M&A goals for Coforge acquisitions and platform acquisition in the enterprise software market. Coforge acquisitions are funded by a $550 million three-year syndicated loan at a fixed 4.6% interest rate, leading Coforge to cancel prior Qualified Institutional Placement plans. The strategic acquisition is structured as a platform acquisition with preferential equity allotments to Encora sellers and integration cost synergies expected in the 20% to 25% range.