SAP to Acquire NewView Capital-Backed Reltio
German software giant SAP has announced plans to acquire Reltio, a company backed by NewView Capital, with the transaction expected to close in the second or third quarter of 2026, according to PE Hub. Reltio is described as being supported by NewView Capital in the announcement.
Deal Overview
The acquisition involves SAP purchasing Reltio, which is backed by NewView Capital, as reported in the PE Hub article. As widely known, SAP is a leading enterprise software provider, and this deal aligns with its history of strategic purchases in the technology sector.
Timeline of the Transaction
The transaction is set to close in the second or third quarter of 2026, according to PE Hub. This timeframe was specified in the announcement from PE Hub.
Involved Parties
Reltio is backed by NewView Capital, as stated in the PE Hub report. According to PE Hub, this backing was highlighted in the context of the acquisition by SAP.