Add-on Acquisition • Business Services

Tata Group Acquires e-Nxt Financials

On September 1, 2014, Tata Group acquired business services company e-Nxt Financials

Acquisition Context
  • This is Tata Group’s 1st transaction in the Business Services sector.
  • This is Tata Group’s 1st transaction in India.

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M&A Deal Summary

Date September 1, 2014
Target e-Nxt Financials
Sector Business Services
Buyer(s) Tata Group
Deal Type Add-on Acquisition

Target Company

e-Nxt Financials

Mumbai, India
e-Nxt Financials Ltd is an Enterprise Solutions Company, providing end-to-end services to its clients - partnering with them in providing innovative solutions for their business needs.
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Buyer Overview 1

Buyer

Tata Group

Mumbai, India

Category Company
Founded 1868
Sector Diversified
DESCRIPTION

The Tata Group is an Indian multinational conglomerate. Tata maintains interests in a diverse set of businesses spanning communications, IT, engineering, materials, services, energy, consumer products and chemicals.


Deal Context for Buyer #
Overall 2 of 4
Sector: Business Services 1 of 1
Type: Add-on Acquisition 1 of 3
Country: India 1 of 3
Year: 2014 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-25 Energy Brands

New York, New York, United States

Glacèau is a provider of enhanced water sold under the brand names, vitaminwater, smartwater and fruitwater.

Sell $4.1B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-04-24 Tata Group - e-Learning busines

India

Tata Group - e-Learning busines includes Tata Interactive Systems India (a division of TIL), Tata Interactive Systems AG, and Tata Interactive Systems GmbH.

Sell -