January 13, 2023

NashTech, the global technology solutions business of Nash Squared (formerly the Harvey Nash Group), has acquired Knoldus, a cloud and data solutions provider, as part of its strategic expansion in North America.

“This acquisition represents a very significant step forward in NashTech’s footprint in the important North America market,” Nash Squared CEO Bev White said.

Knoldus, headquartered in Canada, is a technology advisory and solutions company with more than 300 employees based in Canada, the US, Singapore and two development centers in India. The group provides digital solutions around data, cloud and machine learning as well as real-time data systems.

NashTech reported the acquisition strengthens its footprint in the North American market and adds expertise in the areas of cloud and data. It also extends NashTech’s global development center capability, which includes hubs in Vietnam, Latin America and now India.

“As we continue to build on our achievements over the last 10 years, Knoldus coming into the NashTech organization will enable us to offer clients further capability and capacity to support them on their digital transformation journey to success,” Knoldus CEO Vikas Hazrati said.

Blackwood Capital Group, led by managing partner Ronny Grosman, acted as M&A advisor to Nash Squared.

Further financial details were not disclosed.