M&A M&A
BHIVE Group acqui-hires product engineering firm Praemenio
BHIVE Workspace has acqui -hired Bengaluru-based product-engineering firm Praemenio to support its coworking and fintech businesses. The transaction comprises a composite structure involving both cash and equity.
As part of the deal, BHIVE will absorb a 10-member team along with co-founders Rohit Parab and Gaurav Gandhi.