GENUI completed the acquisition of a majority stake in Magnolia.

GENUI, a private investment firm, completed the acquisition of a majority stake in Magnolia, a software vendor. Financial terms were not disclosed. "By significantly strengthening the capital base, we are putting Magnolia in a position to even better exploit its market potential and sustainably increase its growth. We are seeing a shift away from monolithic application solutions toward modular approaches. This is an exceptional strategic opportunity for Magnolia, which offers a future-proof composable digital experience platform for the enterprise," Boris Klenk GENUI Director.