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New Deal


Announced

MRCC to acquire G-Cube.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Pending

India

Single Bidder

Acquisition

Friendly

Majority

Private

Software

digital learning

Synopsis

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MRCC, an IT solutions company, agreed to acquire G-Cube, a pioneer in digital learning. Financial terms were not disclosed. "I would like to take this opportunity to thank Manish, Kapil and the team for their supportive approach and the utmost integrity in enabling us to achieve this exciting acquisition. As the corporate learning market matures, we envision many more consolidations, nurturing many like-minded mergers in the industry to bring in top value players to the fore. Combining G-Cube's unparalleled customer service with MRCC's transformative solutions will support this disruptive corporate learning market. MRCC will continue to leverage this path to improve value for its customers," Anil Shah, MRCC Chairman & CEO.

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