Northwire Canada EditionWednesday, October 21, 2026
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M&A / Property

Nextech3D.AI enters definitive deal to acquire Krafty

NTAR · Price

Executive Summary

  • Nextech3D.AI Corp. has signed a definitive agreement to acquire Krafty Labs, an AI virtual and in-person event engagement platform, to expand its enterprise client base and product offerings.
  • The acquisition is valued at approximately $600,000, with closing expected in the first week of January 2026, subject to regulatory and board approvals.
  • The deal adds over 400 Fortune 500 and multinational clients to Nextech3D.AI’s ecosystem, bringing total global customers to over 1,000 and creating a unified AI event solutions platform.

Key Details

  • Transaction Structure: Definitive acquisition agreement signed on Dec. 4, 2025.
  • Total Purchase Price: Approximately $600,000.
  • Payment Terms:
    • $325,000 payable in cash at closing.
    • $275,000 financed through a 36-month note at 7% interest.
  • Closing Timeline: Expected in the first week of January 2026 (specifically before Jan. 5, 2026), following due diligence.
  • Target Company Profile (Krafty Labs):
    • Provides AI virtual and in-person event engagement platforms.
    • Client base includes Google, Netflix, Meta, Oracle, Microsoft, Cisco, Dropbox, and over 400 additional Fortune 500/multinational clients.
    • Revenue: Over $1.1 million year-to-date.
    • Gross Margin: 72%.
    • Services: Global virtual team-building, leadership sessions, training, wellness programs, cross-cultural learning, and recently launched in-person enterprise events.
  • Strategic Synergies:
    • Customer Base: Combines Krafty Labs’ 400+ enterprise accounts with Nextech3D.AI’s existing clients (via Map Dynamics and Eventdex) to create a combined customer base of over 1,000 organizations.
    • Cross-Selling: Potential to cross-sell live event software (Eventdex/Map Dynamics) into Krafty Labs’ HR and employee experience client base, and vice versa.
    • Margin Expansion: Expected improvement in margins through AI-driven automation of delivery, facilitation, and scheduling, reducing staffing requirements and increasing session throughput.
    • Product Suite: Unifies three platforms (Map Dynamics, Eventdex, Krafty Labs) into a single "one-stop" AI event solutions ecosystem.
  • Regulatory Conditions: Completion is subject to Canadian Securities Exchange (CSE) approval, board approval, and customary closing conditions.

Notable Quotes

  • "Event organizers want one partner who can help them sell more, operate faster and secure the attendee experience. By adding Krafty Labs to Eventdex and Map D -- we're moving even faster toward a truly one-stop event operating system." — Evan Gappelberg, CEO
  • "We believe Krafty Labs meaningfully accelerates our vision to build a global AI event solutions platform... we are positioned for scale, revenue growth and strong momentum into 2026." — Evan Gappelberg, CEO
Read the original news release →

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