eServGlobal has secured US$24.9 million to support its investment into HomeSend, a JV with Mastercard
eServGlobal Limited has raised US$24.9 million to fund an expected cash call from its 35.7%-owned HomeSend joint venture. This capital requirement was originally anticipated to be funded US$59 million pro-rata by eServGlobal and the other owner, Mastercard, with the majority coming from the latter. This total was scaled back to US$55.6 million, of which an initial US$7.2 million was invested before the end of the month.
eServGlobal (Now Wameja Limited) is a pioneering digital financial transactions technology company. It enables financial and telecommunications service providers to create smoother transactions for their customers through its deep technical expertise and rapid implementation.
Oaklins Cavendish’s sister firm finnCap, based in the UK, led the global roadshow for eServGlobal’s US$24.9 million fundraising, raising capital from investors in both Europe and Australia.
Talk to the deal team
Related deals
ASPICON has been acquired by Grouplink, a portfolio company of Patrimonium Private Equity and Wille Finance
The acquisition of ASPICON GmbH has strengthened Grouplink Holding GmbH’s position as an integrated IT services group with deep technological expertise in the German-speaking region. ASPICON complements the group’s service portfolio by introducing a highly specialized component focused on database infrastructures.
Learn moreDigitalXRAID has been acquired by Limerston Capital
DigitalXRAID Ltd., a cybersecurity services specialist, has been acquired by the cybersecurity platform of Limerston Capital, a UK mid-market private equity firm. This transaction marks a significant milestone in DigitalXRAID’s growth journey and supports its ambition to become a leading provider of cybersecurity services in the UK.
Learn moreOGD has been sold to Building Beyond Technology Group
Building Beyond Technology Group (BBTG) strengthens its position in the IT sector by welcoming OGD IT-Dienstverlening (OGD) to its platform. With over 1,400 employees, OGD is an established name in the Dutch market as a mission-critical IT service provider for large-scale clients. This addition not only increases BBTG’s scale but also enhances its domain expertise and execution capabilities through close cooperation with the other platform companies.
Learn more