M&A Deal Summary |
|
|---|---|
| Date | 2024-02-05 |
| Target | Touchsides |
| Sector | Information Technology |
| Buyer(s) | Lesaka Technologies |
| Sellers(s) | Heineken |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1997 |
| Sector | Business Services |
| Employees | 2,657 |
| Revenue | 223M USD (2022) |
Lesaka Technologies is a provider of payment processing system for the developing world. Net 1 Lesaka Technologies was founded in 1997 and is based in Johannesburg, South Africa.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Information Technology) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (South Africa) | 2 of 2 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-11-01 |
Connect Group
Sandton, South Africa Connect Group is one of the fastest-growing payment solutions providers in Southern Africa, providing services such as bill payment, prepaid value-added services, digitized cash management, merchant lending, and merchant acquiring to nearly 44,000 merchants. The group includes established and highly respected brands such as Kazang, Cash Connect, Capital Connect, and Kazang Connect. |
Buy | R4.8B |
Heineken is a global beverage company focused on the production and distribution of beer and cider. Heineken was founded in 1864 and is based in Amsterdam, the Netherlands.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector (Information Technology) | 1 of 1 |
| Type (Divestiture) | 3 of 3 |
| Country (South Africa) | 1 of 1 |
| Year (2024) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-02-13 |
Brasil Kirin Holding S.A.
Itu, Brazil Brasil Kirin Holding S.A. is one of the largest beer and soft drinks producers in Brazil, operating 12 production facilities with its own distribution network. It has a particularly strong presence in the North and North East, where HEINEKEN currently has less exposure. It owns an extensive portfolio of beer brands and its share of the Brazilian beer market in 2015 was c.9%1. The portfolio includes Schin, one of Brazil's largest brands covering the mainstream and value segments, as well as the Devassa brand. Furthermore, it owns the speciality brands Baden Baden and Eisenbahn, which will complement HEINEKEN's existing premium portfolio. |
Buy | €1.0B |
