Endava (DAVA) Acquires Mudbath

Endava (NYSE: DAVA) announced today the acquisition of Mudbath & Co. Pty Ltd, headquartered in Newcastle, Australia (“Mudbath”).

Mudbath is an Australian-based technology firm specialising in strategy, design and engineering services. Mudbath partners with businesses to build new digital solutions, enhance user experiences and accelerate digital transformation programs across enterprise systems, web and mobile products using their proven agile delivery methodology. Mudbath’s clients span broad industry verticals, including retail, mining (and adjacent activities including rail and tools), health, insurance, banking and travel. Mudbath’s employees are based primarily in Newcastle, Sydney and Melbourne, Australia.

The acquisition of Mudbath follows Endava’s organic entry into the Australia market in 2021 and acquisition of Lexicon in 2022, and further enhances Endava’s depth and breadth in Australia. Endava continues to see Australia as a growing and attractive market with strong demand for high-quality technology product creation delivered both onshore and nearshore by multidisciplinary delivery teams. Mudbath’s teams and strong client relationships are expected to complement Endava’s expanding nearshore capability in Malaysia and Vietnam to continue to deliver innovative, high-quality, digital solutions.

“Mudbath brings a new and exciting client base, a very talented team and strengthens our leadership bandwidth in Australia. Together, we see exciting potential to do more for existing and new clients, whilst creating attractive opportunities for our people,” said John Cotterell, Endava’s CEO.

“As we explored partnering with Endava, it became increasingly evident that our compatibility in terms of culture, capabilities and strategy made this merger highly beneficial for both parties. Endava’s wealth of experience, expertise and steadfast commitment to being a technology partner present a significant opportunity for our region and we are thrilled to be joining the Endava family. We hope this merger will enhance the scope and scale of services we can deliver to our clients,” said Josh Doolan, Founder and CEO of Mudbath.

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