Diginex reworks Resulticks buyout to $1.05B all-share deal, secures $70M funding
What's the deal? Diginex, a London-headquartered sustainability RegTech firm listed on NasdaqDealroom has a profile for this one. Try Dealroom →, has signed an amended and restated agreement to acquire Resulticks Global Companies for $1.05 billion in an all-share transaction. Resulticks, based in Singapore, provides AI-powered, real-time customer engagement software to Fortune 1,000 brands. The deal is targeted to complete on October 30, 2026.
What changed? The revised terms replace the original agreement announced on April 16, 2026, which valued the acquisition at $1.5 billion. Under the new deal, Diginex will issue 600,000,000 new ordinary shares at $1.75 each for 100% of Resulticks' equity.
Why now? Diginex first signed a memorandum of understanding in June 2025 and a reseller agreement in February 2026. The companies spent months finalising documentation before landing on the amended terms.
The money: Alongside the amended agreement, Diginex secured $70 million in private funding. Expected investors of about $50 million, together with Resulticks' shareholders, will own roughly 86% of the enlarged company at completion.
Leadership shuffle: On completion, Redickaa Subrammanian, co-founder and CEO of Resulticks, will become chief executive of the combined company. Miles Pelham, Diginex's founder, will step down as chairman.
What's the endgame? The combined group aims to build what it calls a differentiated enterprise intelligence platform, merging Resulticks' customer data tools with Diginex's ESG and compliance products. Resulticks generated $150 million in revenue and $17 million in profit after tax in FY2025, growing at a compound annual rate above 60% since the pandemic.
Global reach: The deal unites Resulticks' presence across North America, Asia, and the Middle East with Diginex's base in London and Europe. The companies frame this footprint as a larger platform for pursuing enterprise customers and partnerships.
What could go wrong? The transaction requires approval from Diginex shareholders at an extraordinary meeting and regulatory sign-off, given the change of control. Diginex has said there is no assurance the deal completes on the announced terms, or at all. The company must also submit a fresh listing application under Nasdaq Rule 5110.
The signal: The reworked, cheaper deal reflects the pressure to close a reverse-takeover in which a fast-growing private company effectively lists via a smaller public shell. It also sits at the intersection of two enterprise trends Diginex is betting on: demand for trusted sustainability data and the spread of AI-driven customer experiences.
Read more: ir.diginex.com, ir.diginex.com, globenewswire.com
Image credit: infomatique
