Announced
Financials
Tags
Software
Pending
Australia
Acquisition
hypergrowth software
Single Bidder
Cross Border
Friendly
Majority
Private
Synopsis
Exclusive Networks, a cybersecurity company, agreed to acquire Nextgen Group, a hyper-growth channel services company focused on cybersecurity, data resiliency and digital enterprise in Australia and New Zealand with presence across APAC. Financial terms were not disclosed. “This acquisition is a major step forward in our growth strategy in APAC, it significantly strengthens our business and allows us to expand and develop further our value proposition. We are very pleased to welcome John Walters and NEXTGEN’s highly talented teams to the Group and look forward to working with them. Together, we will aim to create a regional leader and break new ground. The combination of resources and experience will help accelerate our growth and competitiveness in this very dynamic market and beyond," Jesper Trolle, Exclusive Networks CEO.
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