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M&A / Property

Lumine Group Completes Acquisition of Synchronoss Technologies

By The Northwire Desk — AI Analysis Feb 13, 2026 · 09:00 LMN · 18.44 Lumine Group Inc.
LMN · Price

Executive Summary

  • Synchronoss Technologies, Inc. completed its acquisition by Lumine Group Inc., an all‑cash transaction valuing the company at approximately $116.4 million equity and $258.4 million enterprise value.
  • Following closing, Synchronoss’ common stock ceased trading on Nasdaq and will no longer be listed.
  • Stockholders approved the deal at a special meeting on February 12, 2026; TD Cowen acted as exclusive financial advisor to Synchronoss, with legal counsel provided by Gunderson Dettmer Stough Villeneuve Franklin & Hachigian (Synchronoss) and Goodwin Procter (Lumine Group).

Key Details

  • Transaction Structure: All‑cash acquisition through a wholly‑owned subsidiary of Lumine Group.
  • Equity Value: Approximately $116.4 million.
  • Enterprise Value: Approximately $258.4 million.
  • Closing Date: February 13, 2026 (press release date).
  • Stockholder Approval: Approved at a Special Meeting of Stockholders on February 12, 2026.
  • Advisors – Synchronoss: TD Cowen (exclusive financial advisor); Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP (legal advisor).
  • Advisor – Lumine Group: Goodwin Procter LLP (legal advisor).
  • Post‑Closing Status: Synchronoss’ common stock ceased trading; the company will be delisted from Nasdaq.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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