Systango Technologies Moves to Acquire Tech Alchemy Assets in Strategic UK Expansion

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Systango Technologies Ltd has signed a memorandum of terms to acquire the assets, contracts, and employees of UKbased Tech Alchemy, marking a major step in its global growth strategy. The deal, executed through its wholly owned subsidiary, also involves ST Topco Ltd and JEF Holdings Ltd, signaling a multiparty alignment to scale digital engineering capabilities across Europe.

Key Highlights:

Deal Structure: Systango’s UK unit has entered into a binding memorandum with Tech Alchemy, ST Topco, and JEF Holdings to acquire key operational assets and workforce.
Strategic Fit: Tech Alchemy specializes in Web3, AI, and mobile app development, aligning with Systango’s core focus on digital transformation and product engineering.
Talent Integration: The acquisition includes the absorption of Tech Alchemy’s employees, ensuring continuity of client relationships and project execution.
Client Base: Tech Alchemy brings a strong portfolio of UK and European clients in fintech, healthtech, and blockchain—sectors where Systango is actively expanding.
Growth Vision: This move follows Systango’s recent international push, including partnerships and certifications with Google Cloud and AWS, and its presence at global tech events like MWC Barcelona.

The acquisition is expected to enhance Systango’s delivery capabilities in highgrowth verticals and deepen its presence in the UK market. It also reflects the company’s intent to scale through strategic tuckin acquisitions that bring both IP and talent.

Sources: Systango Investor Updates, MarketScreener, Exchange Filings