Nuvini To Acquire Beyondsoft Corporation For Around $80.7 Mln
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Nuvini Group Limited (NVNI) has announced its agreement to acquire a 51% controlling interest in Target, the American subsidiary of Beyondsoft Corporation, for approximately $80.7 million. This strategic acquisition is expected to enhance Nuvini's revenue and EBITDA margins, create cross-selling opportunities, and expand Target's operations into North America. The deal, which represents Nuvini's largest acquisition to date, anticipates combined revenues of around $148 million for FY 2025. The payment will be made in two installments, with the transaction expected to close by July.
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