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Nuvini to acquire MK Solutions, terms not disclosed

Nuvini (NVNI) Group signed a binding term sheet to acquire MK Solutions, the leading ERP for internet providers in Brazil. The acquisition is expected to bring an additional R$40 million in pro-forma revenue and R$20 million in pro-forma EBITDA to Nuvini. The acquisition is expected to close within 60 days. The closing of the acquisition is subject to certain customary conditions and completion of legal and accounting due diligence. MK Solutions’ vertical ERP empowers organizations with a dynamic suite of features that simplify workflows and unlock greater productivity. Key capabilities include advanced indicator management, real-time monitoring of connection time and bandwidth usage, and automated stop notifications. The platform offers a comprehensive sales funnel, contract and financial management, and an automatic collection system. It also centralizes tasks and services with SLA tracking, and provides robust inventory control with equipment traceability, fully integrated with the Technician App.

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