* Vertoz Limited's subsidiary, Vertoz Inc. (USA), has signed an agreement to acquire 100% of Webimax LLC (USA). * Vertoz will acquire 80% stake upfront for USD 5.28 million (approximately ₹43.86 crore), which includes a contingent earn-out of up to USD 0.4M (approximately ₹3.52 crore). * The remaining 20% will be acquired over the next three years, linked to performance milestones. * The transaction values Webimax at a total enterprise value of USD 6.6 million. * Webimax generated revenues of approximately US $ 12 million in CY24, with an adjusted EBITDA of US $ 2.4 million and adjusted PAT of approximately US $ 1.8 million. * 75% of the purchase consideration is funded through debt, and 25% from Vertoz's internal cash flow. * The acquisition may add approximately US$ 9.5 million (approximately ₹79.07 crore) revenues and approximately ₹17 crore of annualized PAT to Vertoz. * Ashish Shah, Director, Vertoz Limited, said: "We are delighted to welcome Webimax into the Vertoz family. This acquisition not only strengthens our position in the competitive digital marketing landscape globally and significantly amplifies our capabilities in the US market. Webimax s expertise and values align perfectly with ours, enabling us to deliver broader, connected, and more relevant digital solutions to our clients." * The agreement is expected to be completed within 90 days.
