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Nexxus Capital Announces Investment in AGS NASOFT

5 May 2015

(Press Release) Nexxus Capital announced that through Nexxus VI Trust and Nexxus Capital Private Equity VI, L.P. (jointly “Nexxus VI” or the “Fund”) has agreed to acquire, subject to certain closing conditions, a combined stake of 28.61% in AGS NASOFT (“NASOFT”), a multiregional IT services company specialized in critical IT development and support services, as well as SAP implementation services.

NASOFT has more than 1,500 employees and operates in eight countries, mainly Mexico, Brazil, and Spain, maintaining long term relationships with well positioned clients in the financial services sector and in the industrial and commercial sectors, as well as with government institutions. NASOFT has a proven operating model which is executed by a management team that has over 20 years of experience in the IT industry.

Nexxus Capital will participate as a strategic partner in order to capitalize NASOFT and help it become a consolidating platform in the industry primarily in Latin America, the United States, and Spain.