MethodHub Software Board Approves USD 0.71 Million Acquisition of Leo Technology
MethodHub Software Limited successfully completed its planned US expansion by acquiring 100% equity stake in Leo Technology Ventures Inc. for USD 0.71 million. The Delaware-based IT services company, with USD 3.14 million revenue, will become a wholly owned subsidiary, providing MethodHub with direct US market presence and customer engagements.
*this image is generated using AI for illustrative purposes only.
MethodHub Software Limited has successfully completed its strategic acquisition plan, with the board of directors approving the purchase of 100% equity stake in Leo Technology Ventures Inc., a Delaware-incorporated company, for USD 0.71 million (approximately INR 65.46 million).
Board Meeting Outcome
The board meeting, held on March 30, 2026, from 11:00 AM to 11:15 AM IST, approved the acquisition of Leo Technology Ventures Inc. from Ideascaler Holdings LLC. The transaction involves purchasing 10,000 equity shares, making Leo Technology Ventures a wholly owned subsidiary of MethodHub Software Limited.
| Acquisition Details: | Information |
|---|---|
| Target Company: | Leo Technology Ventures Inc. |
| Purchase Price: | USD 0.71 million (INR 65.46 million) |
| Equity Shares: | 10,000 shares |
| Ownership: | 100% equity stake |
| Completion Timeline: | Within 30 days |
Target Company Profile
Leo Technology Ventures Inc., incorporated on March 1, 2021, operates in the Information Technology services sector, providing software consultancy, application development, implementation, and support services. The company is registered at 8 The Green Ste A, Dover, Delaware 19901.
| Financial Performance: | Revenue (USD Million) |
|---|---|
| 2023: | 4.44 |
| 2024: | 2.98 |
| 2025: | 3.14 |
Strategic Implications
The acquisition aligns with MethodHub Software's strategy to pursue inorganic growth and acquire end customer engagements, including onsite presence in the US market. Leo Technology Ventures holds 80% equity shareholding in S&R Professionals LLC, which will become a step-down subsidiary of MethodHub Software Limited following the acquisition.
Regulatory Compliance
The company has fulfilled its disclosure obligations under Regulation 30 of SEBI Listing Regulations and SEBI Circular dated July 13, 2023. The transaction involves cash consideration and requires no governmental or regulatory approvals. Company Secretary Muthukrishnan Shanmuga Thevar digitally signed the compliance documents on March 30, 2026.
Historical Stock Returns for Methodhub Software
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -15.14% | -35.06% | -44.70% | -60.10% | -60.10% | -60.10% |
How will MethodHub Software integrate Leo Technology Ventures' declining revenue trend into its overall growth strategy?
What specific synergies does MethodHub expect to achieve through S&R Professionals LLC's 80% ownership structure?
Will MethodHub pursue additional US-based acquisitions to strengthen its onsite presence beyond this Delaware incorporation?
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