NashTech Acquired by PAG in Major Deal
Deal News | Dec 23, 2024 | PAG
NashTech, a subsidiary of Nash Squared known for its technology and talent solutions, has been acquired by PAG, an alternative investment firm focused on the Asia Pacific region. This transaction marks a strategic acquisition for PAG, enhancing its portfolio and expanding its reach in the technology sector. The acquisition, effective from December 23, 2024, allows PAG to leverage NashTech's capabilities to bolster its investments in technology-driven markets.
Sectors
- Technology
- Investment
Geography
- Asia Pacific – PAG is focused on the Asia Pacific region, which is relevant to its acquisition strategy and expansion plans.
- Global – Nash Squared is a global provider, indicating the global implication of the acquisition and NashTech's operational reach.
Industry
- Technology – NashTech is recognized for providing technology solutions, making the technology industry a key aspect of this acquisition.
- Investment – PAG is an investment firm, and the acquisition of NashTech represents a strategic expansion in their investment activities.
Financials
- – The financial terms of the acquisition were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| NashTech | Target company | Company | A subsidiary of Nash Squared providing technology and talent solutions. |
| Nash Squared | Selling Company | Company | Global provider of technology and talent solutions, parent company of NashTech. |
| PAG | Bidding Company | Company | A leading Asia Pacific focused alternative investment firm. |