Noventiq and Corner Growth Acquisition Sign LOI

London-based Noventiq, a cybersecurity solutions provider, signed a letter of intent with Corner Growth Acquisition with an exclusive term sheet to proceed with a potential merger.

Noventiq is the brand name of Softline Holding, a solutions and services provider in digital transformation and cybersecurity. Noventiq enables the digital transformation of its customers' businesses, connecting over 75,000 organisations from all industries with hundreds of IT vendors, and delivers its own services and solutions.

The company delivered turnover of approximately $1.1 billion in fiscal 2021. Noventiq's 5,700 employees work in almost 60 countries throughout Asia, , Europe, The Middle East and Africa – with a focus on markets with significant growth potential.

Corner Growth raised $350 million in a December 2020 IPO to “early-growth stage technology companies that could grow into global category leaders.” Read more.

Source: Noventiq and Corner Growth Acquisition Sign LOI