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New Deal


Announced

Nintex to acquire Skuid.

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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United States

application development platform

Software

software development

Domestic

Pending

Friendly

Single Bidder

Acquisition

Majority

Private

Synopsis

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Nintex, a provider of process intelligence and automation, agreed to acquire Skuid, a low-code cloud platform. Financial terms were not disclosed. "Skuid has an incredible product that allows customers to build engaging applications for complex business needs using low code technologies. Combining Skuid with Nintex's powerful process automation portfolio, unified through a shared platform, will allow customers to easily build holistic digital experiences to drive efficiency and speed, instilling decision-making confidence across their business. The complementary nature of our capabilities makes this acquisition a fantastic fit," Niranjan Vijayaragavan, Nintex Chief Product Officer.

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