M&A Deal Summary

NHN Global Acquires Cloudnexa

On February 1, 2021, NHN Global acquired internet software and services company Cloudnexa

Acquisition Highlights
  • This is NHN Global’s 1st transaction in the Internet Software and Services sector.
  • This is NHN Global’s 1st transaction in the United States.
  • This is NHN Global’s 1st transaction in Pennsylvania.
Investment Fate
  • Cloudnexa was divested to a consortium of strategic buyers in 2023.

M&A Deal Summary

Date 2021-02-01
Target Cloudnexa
Sector Internet Software and Services
Buyer(s) NHN Global
Deal Type Add-on Acquisition

Target

Cloudnexa

Newtown Square, Pennsylvania, United States
Cloudnexa is an amazon web services (AWS) premier consulting partner and certified AWS managed services provider. Cloudnexa is based in Newtown Square, Pennsylvania.

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Buyer(S) 1

Buyer

NHN Global

Los Angeles, California, United States

Category Company
Founded 2018
Sector Information Technology
DESCRIPTION

NHN Global, Inc. is a technology company that focuses on cultivating valuable platforms and experiences with solutions, services, and tools that connect people, businesses, and ideas to progress industries forward. NHN Global was founded in 2018 and is based in Los Angeles, California.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Pennsylvania M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-05 Cloudnexa

Newtown Square, Pennsylvania, United States

Cloudnexa is an amazon web services (AWS) premier consulting partner and certified AWS managed services provider. Cloudnexa is based in Newtown Square, Pennsylvania.

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