Transformative Combination is Expected to Create a Global Technology Platform
Transaction is Expected to Increase Pro Forma Revenue 4x
Nuvini Group Limited, a leading serial acquirer and operator of B2B software companies, announced that it has entered into a definitive agreement to acquire a 51% controlling interest in the American business of Beyondsoft Corporation (“Target”), a global IT consulting and technology services firm. The transaction represents Nuvini’s largest and most strategic acquisition to date, creating a combined technology platform with expected revenues for FY 2025 of approximately $148 million on a pro forma combined basis.
Transaction Highlights
Under the terms of the agreement, Nuvini will acquire a 51% controlling interest in the Target. The total consideration is expected to be approximately $80.7 million (subject to closing adjustments), implying an enterprise value of approximately $158 million, or 1.4x 2025 revenues. The consideration will be paid in two equal installments: (i) 50% of the total consideration is due on or before December 31, 2026, and (ii) the remaining 50%, is due on or before December 31, 2029. Beyondsoft Corporation will retain a 49% minority stake in the Target. Specific financial terms are disclosed in the Company’s 6-K filing with the SEC.
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Combined Platform and Growth Roadmap
The combined entity will bring together Nuvini’s robust portfolio of SaaS companies, serving over 22,400 customers with Target ‘s elite enterprise IT consulting practice, which serves 30+ major blue-chip clients in the United States. The transaction creates significant revenue synergy opportunities such as:
- Cross-Selling Synergies: Deploying Nuvini’s SaaS solutions to Target ‘s enterprise client base and introducing Target ‘s IT services to Nuvini’s expansive LATAM customer network.
- Global Expansion: Expanding Target ‘s highly successful sales operations for clients from Brazil into the North American market, while leveraging a unified workforce of over 1,000 employees providing true global operation.
Talent and Culture
Consistent with Nuvini’s established approach of empowering its portfolio companies with operational autonomy, Target ‘s highly experienced leadership team and existing business unit heads will retain full operational authority to ensure business continuity and uninterrupted service for all enterprise clients.
Management Commentary
“This transaction represents a transformational moment for Nuvini,” said Pierre Schurmann, CEO of Nuvini. “By combining Target ‘s world-class enterprise relationships and IT services capabilities with Nuvini’s scalable SaaS portfolio and AI innovation platform, we are creating a uniquely positioned, globally diversified technology company.”
“The integration of Target ‘s robust IT service delivery with Nuvini’s agile operational framework will unlock unprecedented value,” said Gustavo Usero, COO of Nuvini.
AI Strategy Acceleration
The Target ‘s enterprise AI consulting practice and dedicated R&D team will combine with Nuvini’s internal AI Lab, led by Chief AI Officer Phoebe Wang. Together, they will form a unified AI platform capable of delivering solutions from the product level to the enterprise level. Nuvini’s portfolio companies will continue to serve as living labs for testing and validating AI solutions before scaling them to enterprise clients.
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