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NVNI GROUP LTD (NASDAQ: NVNI), known in Korean as ‘뉴비니 그룹’, is a publicly traded company focused on acquiring and consolidating business-to-business software-as-a-service (SaaS) companies in Latin America. Founded on November 16, 2022, and headquartered in São Paulo, Brazil, NVNI completed a business combination with Mercato Partners Acquisition Corporation to access U.S. capital markets.
Corporate Structure
NVNI operates from its São Paulo headquarters alongside local teams at each acquired subsidiary. While the company does not disclose a total headcount, its workforce includes professionals in software development, mergers and acquisitions, and financial advisory. Leadership comprises executives with backgrounds in investment banking and technology strategy.
SaaS Acquisition by Jorge Mallo
Recent Developments and News
On September 30, 2025, NVNI signed a binding term sheet to acquire MK Solutions, an ERP provider serving Brazilian internet service operators. The transaction is expected to yield an estimated additional revenue of R$40 million and an additional EBITDA of R$20 million on a pro forma basis, subject to customary closing conditions and due diligence, with closing anticipated by late November 2025.
Financial and Strategic Analysis
As of October 2, 2025, NVNI shares closed at $0.3628, down 51.41% from the prior session, on a trading volume of 14,067,936 shares. In the fourth quarter of 2024, the stock increased by 190% from a September 30 close of $0.85 to $2.45. Analysts’ median price target of $5 implies an 83% upside from current levels. For fiscal year 2023, NVNI reported a 36% year-over-year increase in revenue and a 43% rise in gross profit. According to CNN data, the company’s market capitalization is approximately $25.8 million, with a net loss of $50.99 million over the past 12 months and net income of $604,150 recorded in Q2 2025. Earnings per share moved from –$2.21 (1Y) to $0.04 (Q2). The stock is trading below its 200-day moving average and is near the lower end of its 52-week range of $0.14–$12.19.
Market Position and Industry Context
NVNI positions itself as a consolidator in the Latin American SaaS sector, targeting mid-market B2B software businesses. It ranked 18th among 24 stocks showing significant momentum in the fourth quarter of 2024. Operating in the packaged software and technology services space, NVNI competes with regional software firms and global SaaS providers. Key industry drivers include digital transformation initiatives, rising cloud adoption by enterprises, and demand for industry-specific software solutions.
tl;dr
NVNI signed a binding term sheet on September 30, 2025, to acquire MK Solutions, which is expected to add R$40 million in revenue and R$20 million in EBITDA pending closing by late November 2025. Shares closed at $0.3628 on October 2, 2025, down 51.41% on 14 million shares traded. Analysts’ median target of $5 indicates potential for the company's acquisition strategy and its 36% revenue growth in 2023. The stock remains below its 200-day moving average, with a market capitalization around $25.8 million.
