Go to deals
Financial Services | Private Equity | TMT

TPAY Mobile FZ-LLC has been acquired by Helios Investment Partners

A15 Holding Netherlands B.V. has sold a 76% stake in TPAY Mobile FZ-LLC to London-based African private equity fund Helios Investment Partners. Financial details have not been disclosed.

Established in 2014, TPAY is an international fintech payments business that primarily operates in the Middle East and North Africa (MENA) region, where only 14% of the population has a bank account but over 60%, and growing, have mobile phones. As a result, the region is characterized by low debit and credit card use and correspondingly low online payment conversion rates. TPAY has grown rapidly and is the dominant direct carrier billing (DCB) player in MENA. The business currently operates in 16 countries and is partnered with 33 mobile phone carriers, providing almost 100% user coverage and 80% market share across the region.

Oaklins Cavendish, based in the UK, advised the seller in this transaction.

Parties

Talk to the deal team

Peter Gray

Partner
London, United Kingdom
Oaklins Cavendish

John Farrugia

Principal
London, United Kingdom
Oaklins Cavendish

Ben Goldring

Partner
London, United Kingdom
Oaklins Cavendish

Related deals

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International
Real Estate | TMT

Haufe-Lexware Real Estate AG has been acquired by Aareon Group, a portfolio company of Advent International

The Haufe Group SE has sold Haufe-Lexware Real Estate AG to Aareon Group.

Learn more
GARAIO has been acquired by Netrics Group.
Private Equity | TMT

GARAIO has been acquired by Netrics Group.

Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.

Learn more
Doozer Real Estate Systems GmbH has been acquired by Zig Beheer B.V.
Real Estate | TMT

Doozer Real Estate Systems GmbH has been acquired by Zig Beheer B.V.

The shareholders of Doozer Real Estate Systems GmbH have sold the company to Zig Beheer.

Learn more