- NowVertical Group ( TSXV: NOW:CA ) has entered into a definitive agreement with Group Analytics 10 and Inteligencia de Negocios and its affiliate entities to acquire 100% of the issued and outstanding securities of A10 Group.
- The acquisition is valued at total upfront gross consideration of $5.5M, subject to customary post-closing adjustments.
- Also, the acquisition is expected to increase NOW’s annual revenues by ~$23.5M and Adjusted EBITDA by ~$2.5M, pre-synergies.
- "With our 12th acquisition, we are adding one of the region's premier big data solution providers with a highly seasoned team of more than 175 individuals." said Daren Trousdell, Chairman & CEO of NOW.
For further details see:
NowVertical Group significantly expands LATAM operations with a definitive agreement