ZenaTech Finalizes Acquisition of NOW Solutions to Boost Enterprise SaaS Division

Key Facts

1ZenaTech completed the acquisition of NOW Solutions Inc. assets through a U.S. bankruptcy court sale process.

2NOW Solutions specializes in HR and payroll software, serving clients in government, healthcare, and education sectors.

3The deal aims to strengthen ZenaTech's recurring revenue and expand its Enterprise SaaS division.

ZenaTech, Inc. (Nasdaq: ZENA) has officially finalized the acquisition of NOW Solutions Inc. assets following a U.S. bankruptcy court sale process. NOW Solutions is a specialist in HRMS and payroll software, maintaining a robust client base across the government, healthcare, and education sectors. The acquisition is strategically designed to integrate recurring revenue streams into ZenaTech’s Enterprise SaaS division. By securing these established public sector contracts, ZenaTech aims to strengthen its long-term financial stability and market footprint. This move is viewed as a significant step in expanding the company's software portfolio and enhancing its service offerings for large-scale institutions. Analysts expect the deal to provide immediate value through the addition of stable, recurring income from municipal clients.