Sigma Software Group Acquires U.S. Division of A Society in Deal Valued at Over $5M

Swedish-Ukrainian IT company Sigma Software Group has announced the acquisition of the U.S. division of A Society Group, a consultancy specializing in IT and engineering services.

Details of the deal, including financial terms, have not been disclosed. It is known, however, that the acquisition only covers A Society’s American operations. The company’s Swedish unit — where the business originated — remains independent and is not part of the transaction.

The European division will continue to focus on serving local clients. For Sigma Software Group, acquiring a local player strengthens its foothold in the U.S. market, positioning it to better serve current and potential clients. The move aligns with the company’s broader strategy to expand its presence in the United States and gain access to new sectors, including automotive, defense, and manufacturing, where A Society already has an established client base.

Sigma Software Group has maintained a U.S. office since 2014. According to Valery Krasovsky, CEO and co-founder of the company, “Shifting geopolitical dynamics and the need for business resilience are driving companies to seek technology partners who are physically present and deeply integrated into operations. This acquisition positions us as a reliable partner in these uncertain times.”

In Ukraine, Sigma Software employs over 1,800 people, according to the latest DOU ranking.

What’s the deal worth?

A Society’s U.S. branch is relatively small, with just a few dozen employees. In contrast, its European division is five times larger, with over 100 staff members across seven offices. The U.S. side operates only two locations.

Scroll.media estimates the deal to be worth slightly over $5 million, based on revenue and EBITDA benchmarks. The relatively high multiple — especially compared to the Ukrainian market — is largely due to A Society’s established presence in the U.S. and its revenue performance.

However, one M&A expert speaking to Scroll.media revealed the final deal value may be lower, citing underwhelming financial results from A Society’s U.S. branch as a key reason behind the Swedish headquarters’ decision to exit the American market.