08:59 AM EDT, 09/30/2025 (MT Newswires) -- Nvni Group ( NVNI ) said Tuesday it has signed a binding term sheet to acquire MK Solutions, an ERP for internet providers in Brazil.

Financial terms of the transaction were not disclosed, but Nvni ( NVNI ) said it is expected to bring an additional 40 million Brazilian reais ($7.5 million) in pro-forma revenue and 20 million Brazilian reais in pro-forma EBITDA.

The acquisition is expected to close within 60 days, the company said.

Shares of Nvni ( NVNI ) were down more than 3% in recent premarket activity Tuesday.