The acquisition deal is worth at ₹275 crores, payable at closing, subject to working capital adjustments and additional deferred payments, including earn-outs linked to performance over the next two years.
The company added that this transaction is subject to customary closing conditions, certain consents and approvals. Furthermore, this transaction is expected to close by the end of March 2026.
This Brazilian acquisition has recorded revenue from operations: $ 53 million (year ended December 31, 2024) as per Brazil GAAP.The company deals in end-to-end services across design, technology provisioning, implementation, integration, managed services, security operations, and lifecycle optimisation, and has a strength of approx 230 employees.
When we take a quick look at the company’s stock performance, the company shares closed in green with an uptick of over 2% or ₹13.80. In the past 6 months of trade, the company’s shares have risen by over 16%. The Current stock price stands at ₹582.15 per share.
#3QWithCNBCTV18 | Black Box enters into definitive acqn agmt to acquire 2S Brazilian Solns Integrator for ₹275 cr
‘LATAM is a growing market, this acquisition will bring synergies in the Brazil market’, acquired biz will contribute around ₹50 cr in FY27 to EBITDA’, says… pic.twitter.com/eUWbdXQUpf
— CNBC-TV18 (@CNBCTV18Live) February 12, 2026
Black Box’s Sanjeev Varma spoke to CNBC-TV18 after the acquisition. While speaking about the acquisition, he said, ‘LATAM is a growing market, this acquisition will bring synergies in the Brazil market’, acquired biz will contribute around ₹50 cr in FY27 to EBITDA.
