In October 2023, Nodum joined the Vesta family. Just over a year later, the Uruguayan software company has not only maintained its strong cultural identity but has also embraced new opportunities for growth and innovation. We caught up with Lucia Vazquez, Nodum’s Business Unit Leader, to reflect on their journey so far and what’s ahead.
A unique acquisition experience
Unlike many businesses that actively seek acquisition opportunities, Nodum wasn’t looking to sell. They had received inquiries from various groups in the past but never felt aligned with them. That changed when Vesta reached out.
“It all started with an email from Jerónimo Álvarez,” Lucia recalls. “His warmth and approach caught our attention. As we researched Vesta, we saw that they already had a presence in Uruguay and a strong philosophy: ‘They buy and sell. We acquire, invest, and grow… forever!’ That phrase resonated with us – it meant that Nodum could continue to exist and thrive in the long run.”
The acquisition process itself was a pivotal experience for Nodum, helping them recognise the potential for sustained growth while preserving their identity. “Vesta’s team, especially Jero and Richard, approached everything with sensitivity and empathy. Their people-first philosophy reassured us that our team and culture would remain intact.”
A year of growth and new perspectives
Twelve months on, Nodum has seen measurable progress in the areas that matter most. “We’ve remained the same in terms of our culture, values, team, and purpose. But we’ve grown in ways that are making a real difference,” says Lucia.
Key achievements since the acquisition include:
✅ 20% increase in team size
✅ 24% revenue boost
✅ Stronger business metrics and organisation
One of the biggest takeaways from Vesta’s approach has been the principle: “What gets measured, gets done.” Lucia highlights how this structured approach to business has helped Nodum sharpen its focus and unlock new opportunities.
The power of a global network
Beyond financial growth, joining Vesta has connected Nodum with a broader network of like-minded companies. “We’re continuously learning from others in our field worldwide, and that’s invaluable,” Lucia shares. “Being part of Vesta means there are no limits to our growth, as long as we measure and manage it effectively.”
As they look ahead, Nodum is embracing its evolution within Vesta, balancing local identity with global ambition. “We want to be the most international company among the national ones, and the most national among the international ones.”
Advice for businesses considering an acquisition
For companies contemplating a similar journey, Lucia offers two key pieces of advice:
- Trust Vesta. The process can be complex, but Vesta’s transparent approach ensures that sellers have all the answers they need.
- Be open to change. “It’s natural to defend past practices, but Vesta brings experience from thousands of companies. If you truly want your business and team to thrive, embracing new ways of working is essential.”
A promising future ahead
So, how would Lucia sum up Nodum’s experience with Vesta so far?
“It has truly exceeded my expectations. We’ve made changes where we needed to, while preserving what matters most. Our culture, team, and purpose remain strong, but we’ve also seen radical and positive improvements in how we organise and measure success. The future is bright, and we’re just getting started.”
As Nodum moves forward under Vesta’s guidance, their story is a testament to how thoughtful acquisitions can lead to long-term growth – without losing what makes a company unique.
Would you like to learn more about how Vesta helps businesses like Nodum thrive? Get in touch with us today.
