Acquiring Company
Veranda Learning Solutions Ltd
Acquired Company
BB Virtuals
Description
Veranda Learning Solutions has acquired a 40.41% stake in BB Virtuals and a 65% stake in Navkar Digital, aiming to boost its edtech portfolio. The company plans to increase its stake in BB Virtuals to 51% by June 2025. These acquisitions will integrate with JK Shah Classes, enhancing support for CA and CMA aspirants. Veranda's vision includes achieving significant pro forma EBITDA by FY25.
FundzWatch™ Score
81
High M&A Activity
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed