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Persistent Systems to acquire Nagarro for €1.27 billion

PRIVATEJul 11, 2026

Acquiring Company

Persistent Systems Ltd

Acquired Company

Nagarro SE

PuneMunichInformation TechnologySoftwareCyber SecurityAnalyticsConsulting

Description

Persistent Systems Ltd has announced its acquisition of Nagarro for an enterprise value of EUR 1.27 billion. This voluntary public takeover is expected to enhance Persistent's footprint in Europe and augment its industrial and consumer verticals. The deal is anticipated to close by Q3 CY26/Q1 CY27, with funding through EUR 1.4 billion in debt.

Company Information

Company

Persistent Systems Ltd

Location

Pune, Maharashtra, India

About

Persistent Systems is a global technology services company specializing in software development and IT services. The company focuses on digital transformation, cybersecurity, and data analytics. It has a prominent presence in various industries including banking, healthcare, and telecom. Persistent is known for its innovative solutions and strong client relationships.

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Frequently asked

Who acquired Nagarro SE?

Nagarro SE was acquired by Persistent Systems Ltd, based in Pune. The deal was reported on July 11, 2026. Persistent Systems is a global technology services company specializing in software development and IT services. The company focuses on digital transformation, cybersecurity, and data analytics. Persistent Systems Ltd is privately held and operates in Information Technology.

When did Persistent Systems Ltd acquire Nagarro SE?

Persistent Systems Ltd's acquisition of Nagarro SE was reported on July 11, 2026. Persistent Systems Ltd has announced its acquisition of Nagarro for an enterprise value of EUR 1.27 billion. This voluntary public takeover is expected to enhance Persistent's footprint in Europe and augment its industrial and consumer verticals. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nagarro SE do?

Nagarro is a global AI-native engineering and transformation company. It is privately held, and is based in Munich.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.