KPIT Technologies Ltd Renegotiates Caresoft Acquisition to US$157 Million

KPIT Technologies Ltd has renegotiated and finalized the total consideration amount for the acquisition of Caresoft to US$157 Million, down from the initially announced US$191 Million. The renegotiation was due to changes in the macros business environment. The company had infused EURO 28 million and USD 28 million into KPIT Technologies (UK) Limited and KPIT Technologies Holding Inc, USA, respectively, in anticipation of the completion of the transaction. The Initial Consideration of USD 51 million was paid on August 15, 2025, to acquire 100% Equity shares of Caresoft Global Technologies, Inc. USA, Caresoft Engineering Services Limited, UK and CAREGLOTECH de RL de CV Mexico. Additionally, USD 6 million was paid on October 10, 2025, for acquiring 100% equity shares of OXI SRL Italy. Recently, KPIT Technologies (UK) Limited has paid USD 40 million towards the First Deferred Consideration Payment as per Definitive Agreements.