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.
Sprechen Sie mit dem Deal-Team
John Farrugia
Oaklins Cavendish
Transaktionen
Top Systems teams up with Holland Capital to create the premier Dutch battery-based solutions provider
Holland Capital, a Netherlands-based private equity firm, has acquired a stake in Top Systems, a leading provider of complete battery-based power solutions, with a unique value-added services proposition.
Mehr erfahrenSoler & Palau Ventilation has acquired subsidiaries of United Enertech Holdings
Soler & Palau Ventilation, Inc. (S&P) has acquired subsidiaries of United Enertech Holdings, LLC. (UEH). The subsidiaries included Air Conditioning Products, LLC; Air Performance, LLC; Metal Form Manufacturing, LLC; and United Enertech Corp.
Mehr erfahrenBanco Voiter and Banco Letsbank have been acquired by Banco Master
Banco Voiter and Banco Letsbank have been sold to Banco Master.
Mehr erfahren