Noventiq Acquires Majority Stake in Saga Group
November 17, 2022
Noventiq has signed an agreement to acquire a majority stake in Belgrade-based software and digital solutions provider Saga Group. The deal brings over 400 employees and Saga's fintech and AI IP (including the Fintense banking platform and Weaver chatbot) into Noventiq, strengthening its digital infrastructure, managed services and presence across Central and Eastern Europe.
- Buyers
- Noventiq
- Targets
- Saga Group
- Industry
- IT Services
- Location
- Serbia
- Transaction Type
- Buyout
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