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Computers - Software & Consulting
Acquisitions10 Oct 2025, 08:21 pm

KPIT Technologies Ltd Renegotiates Caresoft Acquisition to US$157 Million

AI Summary

KPIT Technologies Ltd has updated the total consideration amount for the acquisition of Caresoft to US$157 Million, down from US$191 Million. The adjustment was made in light of customary closing conditions and changes in the macro business environment. The company had previously infused EURO 28 million and USD 28 million into KPIT Technologies (UK) Limited and KPIT Technologies Holding Inc, USA, respectively. On August 15, 2025, KPIT Technologies (UK) Limited and KPIT Technologies Inc, USA paid the initial consideration of USD 51 million for 100% equity shares of Caresoft Global Technologies, Inc. USA, Caresoft Engineering Services Limited, UK, and CAREGLOTECH de RL de CV Mexico. Additionally, KPIT Technologies (UK) Limited has paid USD 6 million for acquiring 100% equity shares of OXI SRL Italy.

Key Highlights

  • KPIT Technologies Ltd renegotiates Caresoft acquisition to US$157 Million
  • Customary closing conditions and macro business environment changes led to the adjustment
  • EURO 28 million and USD 28 million infused into KPIT Technologies (UK) Limited and KPIT Technologies Holding Inc, USA, respectively
  • Initial consideration of USD 51 million paid for 100% equity shares of Caresoft Global Technologies, Inc. USA, Caresoft Engineering Services Limited, UK, and CAREGLOTECH de RL de CV Mexico
  • USD 6 million paid for acquiring 100% equity shares of OXI SRL Italy
KPITTECH
Computers - Software & Consulting
KPIT Technologies Ltd

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