Technology

NFS Technology Group

Year

2024


Transaction type Private M&A

Sector Technology

Cavendish is pleased to announce the sale of NFS Technology Group to Korbyt, an omnichannel workplace solutions provider, in partnership with Clearhaven Capital Partners. This transaction marks a significant milestone in the evolving landscape of workplace technology solutions.

NFS Technology, a globally recognised leader in meeting room management, resource scheduling, and visitor management software, has been at the forefront of delivering innovative solutions that enhance operational efficiency for businesses worldwide. With over two decades of expertise, NFS has built a strong reputation for providing innovative technology that empowers organisations to optimise their workplace environments.

The acquisition by Korbyt, a rapidly growing leader in workplace experience platforms, underscores the increasing demand for comprehensive, integrated solutions that enhance the modern workplace. Korbyt’s platform, renowned for its ability to transform the way businesses communicate and engage with their workforce, will now benefit from NFS Technology’s proven expertise and robust product offerings.

The integration of NFS’s Rendezvous meeting room management and workspace optimisation technology with Korbyt’s innovative digital signage and employee communications platform will deliver a comprehensive suite of tools designed to improve productivity, collaboration, and overall employee engagement in the workplace.

The strategic alignment of the two businesses reflects a broader trend in the market towards unified solutions that address the complexities of today’s dynamic work environments. As organisations continue to adapt to the challenges and opportunities presented by hybrid working models, the demand for seamless, technology-driven solutions is more critical than ever.

Anthony Platt, Head of Technology at Cavendish, commented on the transaction:

“We are delighted to have advised NFS Technology on this significant sale to Korbyt. This deal not only highlights the strength and depth of our technology sector expertise but also marks our 13th transaction of the year across all services in the technology space. It is a testament to the dedication and capability of the Cavendish Technology team, who consistently deliver exceptional outcomes for our clients in this fast-evolving sector.”

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