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Announced

Completed

Witted Megacorp completed the acquisition of NeXec.

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

Private

Completed

Single Bidder

Majority

Friendly

digital transformation

Finland

Management Consulting

Acquisition

Synopsis

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Witted Megacorp, a software development company, completed the acquisition of NeXec, a digital transformation company. Financial terms were not disclosed. “Witted and NeXec have always shared a mission of building winning teams. We have approached the same challenge from two different angles, NeXec from leading the projects and Witted from developing the software. Now, we can build winning teams together”, Harri Sieppi, Witted Megacorp CEO.

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