FLX

Felix Group to Boost SaaS Offerings with $12 Million Nexvia Acquisition

Felix Group (ASX: FLX) has struck a deal to acquire Brisbane-based SaaS provider Nexvia and will raise up to $17 million to fund the purchase and accelerate its vendor monetisation strategy. The company expects the $12m acquisition – which combines cash, scrip, and performance rights – to lift its pro-forma annual recurring revenue to $11.9m […]