- Diginex Limited (DGNX, Financial) signs a Memorandum of Understanding to acquire Resulticks for $2 billion.
- Payment includes $1.4 billion in shares, $100 million in cash, and up to $500 million in earnout shares.
- This acquisition aims to enhance Diginex's AI and data management capabilities in sustainability and compliance solutions.
Diginex Limited (DGNX), a prominent player in the sustainability RegTech sector, has announced a significant acquisition move by signing a Memorandum of Understanding (MOU) to acquire Resulticks, a leading AI-driven customer engagement and data management solutions provider, for a total of $2 billion. This strategic acquisition is anticipated to fortify Diginex's position in the realm of advanced data management and artificial intelligence.
The acquisition deal is structured to include $1.4 billion in Diginex shares, priced at $72 per share, which are subject to a lock-up period of 12 to 18 months. An additional $100 million is to be paid in cash within 90 business days post-closing. Furthermore, the transaction includes a potential earnout of up to $500 million in shares, contingent upon Resulticks meeting specific EBITDA thresholds between fiscal years 2026 and 2028.
Resulticks, headquartered in Singapore, operates globally across the United States, India, and the Middle East, specializing in omnichannel client engagement automation through AI and big data analytics. This acquisition is expected to enable Diginex to deliver more comprehensive, real-time data-driven sustainability and compliance solutions, enhancing its offering and market reach significantly.
The move comes on the heels of Diginex's recent MOU to acquire Matter DK ApS, marking a strategic expansion in data-driven sustainability solutions. By integrating Resulticks' technology, Diginex aims to position itself as a leader in providing innovative solutions for client engagement and sustainability challenges, potentially unlocking new revenue streams and market opportunities beyond its existing ESG compliance focus.
