Persistent Systems to Acquire Nagarro SE for EUR 1.27 Billion
Persistent Systems will acquire Nagarro SE for EUR 1.27 billion, offering EUR 81 per share in cash. This acquisition expands Persistent's global reach and capabilities, particularly in Europe. Nagarro reported EUR 999.3 million in CY2025 revenue and EUR 138.2 million in Adjusted EBITDA. The deal is expected to close in Q4 CY26 or Q1 CY27.
The acquisition is a major strategic move with a substantial transaction value, indicating a significant impact on Persistent Systems' scale, geographic presence, and service offerings.
The acquisition of Nagarro at a significant premium indicates a strategic move to enhance market position and capabilities, which is generally viewed positively by the market.
Persistent Systems Limited has announced its agreement to acquire 100% of Nagarro SE, a European digital engineering firm, for an Enterprise Value of approximately EUR 1.27 billion. The offer price is EUR 81 per share in cash, representing a premium of approximately 140% to the undisturbed closing price on June 25, 2026.
This strategic acquisition aims to create a globally balanced profile with expanded capabilities and diversification. Nagarro brings a scaled European footprint, complementary vertical and technology capabilities, and approximately EUR 1 billion in revenue with EUR 138.2 million in Adjusted EBITDA for CY2025. The combined entity will have a stronger presence in North America and Europe, and enhanced expertise across various industry verticals.
The transaction is subject to regulatory approvals and shareholder consent. Persistent has already secured a 21% stake in Nagarro. The company plans to raise up to USD 450 million through equity and borrowings to finance the acquisition. The expected closing for the transaction is in Q4 CY26 / Q1 CY27.
What to do with a filing like this
Persistent Systems Limited filed this with the NSE as a statutory disclosure, categorised under acquisition. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Persistent Systems Limited. Read the original for the full detail.