NFS Technology has been acquired by Korbyt
August 2023 — NFS Technology, globally recognized in meeting room management, resource scheduling and visitor management software, has been acquired by Korbyt, the leader in enterprise-grade omnichannel workplace communications solutions. This transaction underscores the increasing demand for comprehensive, integrated solutions that enhance the modern workplace.
NFS Technology is an international provider of the best-of-breed Rendezvous workplace and space management software solutions and services to more than 275 clients worldwide across the legal, financial, educational and healthcare sectors. Established in 1994, NFS has a strong presence in the United States, Europe and Australia as well as a network of business partners in the Middle East and East Asia.
Headquartered in Dallas, USA, Korbyt’s digital signage and workplace communications software solutions serve more than 350 enterprise clients globally, including prominent organizations in global financial services, higher education, manufacturing, supply chain and contact center industries. The company’s cloud-native Korbyt Anywhere platform allows organizations to engage their audiences – employees, students, customers and guests – through a single integrated platform across multiple channels, including digital signage, desktop, web, email and mobile devices. The cloud-based CMS is the industry’s most advanced platform, with extensive native integrations and a robust real-time data engine, enabling customers to connect audiences, places and channels.
The integration of NFS’ Rendezvous meeting room management and workspace optimization 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. Through this acquisition, Korbyt expands its global footprint, increasing its presence in the United Kingdom and the United States, and adding offices in India and Australia.
Our role in the transaction
Oaklins Cavendish, based in the UK, advised NFS Technology Group on its sale to Korbyt in partnership with Clearhaven Capital Partners.
Talk to the deal team
Tom Holland-Hibbert
Oaklins Cavendish
Related deals
Comtax has been acquired by Ryan
Comtax, a São Paulo-based tax technology consultancy specializing in tax determination and digital tax compliance, had been acquired by Ryan, the world’s largest firm dedicated exclusively to business taxes. The transaction marks Ryan’s entry into the Brazilian market, adding a specialized team and an established base of large corporate clients in Brazil, one of the world’s most complex tax environments, at a time when the country’s consumption tax reform is set to reshape how companies calculate and report indirect taxes. For Comtax, the acquisition brings access to Ryan’s global platform, technology and client network across more than 80 countries, creating opportunities to scale its tax determination and compliance offering beyond its current footprint. Comtax’s founders will continue to lead the business.
Learn moreNextalia has acquired a majority stake in Witapp
Nextalia SGR S.p.A. has acquired a majority stake in Witapp S.r.l., an Italian company specializing in software development for the digitization of healthcare infrastructure. The acquisition strengthens Nextalia’s track record in technology companies serving the public sector and supports its strategy of investing in businesses operating at the intersection of healthcare digitization and the modernization of public services.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more