Infomedia has completed the acquisition of Veact GmbH, a European provider of data activation and predictive service marketing solutions, to expand its global automotive aftersales ecosystem. The strategic move, announced on June 9, 2026, aims to accelerate growth through cross-selling and innovation across existing and new customers. By integrating Veact's strengths in customer data activation with Infomedia's expertise in vehicle, service, and parts data, the combined platform will unify insights across the vehicle, customer lifecycle, and dealership systems.

This acquisition underscores infomedia press 's strategy to unlock the full value of its data assets, delivering a more connected, end-to-end platform for OEMs and dealer networks. The integration will empower OEMs and dealers to deliver highly personalized, data-driven experiences, seamlessly connecting vehicle owners, dealerships, and manufacturers at every stage of ownership. Veact will also benefit from Infomedia's global OEM relationships and the advanced AI capabilities of Intellegam, a Munich-based AI company partly owned by Infomedia.

Strategic Synergies and Market Expansion

The partnership is expected to create significant opportunities by combining the technological strengths of both entities. Veact operates across more than 1,000 dealership sites in the EMEA region and partners with leading global automotive brands. The collaboration aims to enhance product roadmaps and deliver integrated aftersales automation capabilities for the shared customer base.

Leadership Commentary

Jens Monsees, CEO of Infomedia, highlighted the importance of aftersales as a key value driver in the automotive industry. He expressed enthusiasm for collaborating with Philipp Posselt and the Veact team to innovate and unlock revenue potential. Philipp Posselt, Founder of Veact GmbH, noted that the partnership strengthens their position in the European aftersales market and accelerates their ability to scale and expand across Europe as part of the Infomedia organization.

Transaction Advisory

DC Advisory served as the financial advisor to TPG and Infomedia, while 4GC acted as the M&A advisor to the shareholders of Veact. TPG, a global alternative asset management firm, had previously acquired Infomedia in December 2025.

Infomedia Press Limited has released its audited financial results for the quarter and year ended March 31, 2026, showing continued operational challenges with significant losses across both continuing and discontinued operations. The Board of Directors approved these results on April 17, 2026, following review by the Audit Committee.

Financial Performance Overview

The company's financial performance for FY26 reflects ongoing difficulties, with total income limited to other income sources due to discontinued operations.

Quarterly Results

For the quarter ended March 31, 2026, the company reported a net loss of ₹81.29 lakh compared to ₹90.85 lakh in the corresponding quarter of the previous year.

Operational Structure and Expenses

The company's expense structure primarily consists of finance costs and depreciation, reflecting its current operational status:

• Finance Costs: ₹268.66 lakh for FY26 compared to ₹291.26 lakh in FY25
• Depreciation and Amortisation: ₹0.31 lakh for both FY26 and FY25
• Loss from Discontinued Operations: ₹91.43 lakh for FY26 compared to ₹81.73 lakh in FY25

Balance Sheet Position

The company's balance sheet as of March 31, 2026, shows total assets of ₹976.59 lakh against total liabilities of ₹7,098.56 lakh, resulting in negative equity of ₹6,121.97 lakh.

Earnings Per Share and Going Concern

The company reported earnings per share of ₹(0.60) for FY26 compared to ₹(0.74) in the previous year, based on equity shares with a face value of ₹10 each. The paid-up equity share capital remained unchanged at ₹5,019.42 lakh.

Despite the challenging financial position, the company continues as a going concern with support from Network18 Media & Investments Limited, its parent company, which has provided a support letter to extend financial assistance for the foreseeable future. The management is evaluating various options, including starting a new line of business.

Cash Flow and Auditor's Opinion

The company's cash flow statement shows net cash used in operating activities of ₹18.05 lakh for FY26, with closing cash and cash equivalents of ₹0.08 lakh. The statutory auditors, Chaturvedi & Shah LLP, have issued an unmodified audit opinion on the financial results, noting the material uncertainty relating to going concern while confirming the parent company's support.