Rezolve AI Ltd (NASDAQ:RZLV) fell 7.5% on Monday after the conversational commerce firm revealed plans to acquire digital experience platform provider Crownpeak in a deal valued at $90 million, along with a sizeable debt load.
The transaction — which the company expects to finalize within 48 hours — includes a $90 million purchase price made up of $50 million in cash and $33.9 million in equity (post-adjustment), plus the assumption of roughly $150 million in outstanding debt. Rezolve AI, a partner of both Microsoft and Google, said the move is intended to strengthen its “Brain Commerce” presence across the U.S., U.K. and EMEA markets.
Crownpeak is projected to bring in about $70 million in revenue this year and is expected to be EBITDA-accretive immediately after closing. The acquisition also provides Rezolve with access to Crownpeak’s roster of prominent enterprise clients, including brands such as Tommy Hilfiger, Calvin Klein, Sephora and Commerzbank.
“We are acquiring a powerhouse asset at fantastic value,” said Daniel Wagner, Chairman and CEO of Rezolve AI PLC. “Crownpeak is expected to bring substantial, high-margin revenue from Day One. But for me, this is also a strategic homecoming. A core part of this business is the product discovery capability which was originally a company I founded and took public, Attraqt. I know the technology and I know the customers, so we are uniquely positioned to execute this integration.”
The company described the purchase as the opening step in a broader plan to roll up enterprise-grade platforms and enhance them with its AI-powered “Brain Suite” toolset. Rezolve said it intends to introduce its proprietary LLM and checkout solutions to Crownpeak’s existing customer base.
Even with management highlighting the strategic upside, the market reacted warily to the sizable debt commitment and potential integration risks, sending shares lower in Monday’s session.