M&A Deal Summary |
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Date | 2022-04-25 |
Target | Volt Lines |
Sector | Internet Software and Services |
Buyer(s) | Swvl |
Deal Type | Add-on Acquisition |
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Swvl is a global tech startup based in Dubai that provides a semi-private alternative to public transportation for individuals who cannot afford or access private options. The Company has built a parallel mass transit system offering intercity, intracity, B2B, and B2G transportation in 10 megacities across Africa, Asia, and the Middle East. Swvl's tech-enabled offerings make mobility safer, more efficient, and environmentally friendly, while still ensuring that it is accessible and affordable for everyone. Customers can book their rides on an easy-to-use app with varied payment options and access high-quality private buses and vans that operate according to fixed routes, stations, times, and prices. Swvl is based in Dubai, United Arab Emirates.
DEAL STATS | # |
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Overall | 3 of 5 |
Sector (Internet Software and Services) | 1 of 3 |
Type (Add-on Acquisition) | 3 of 5 |
Country (Turkey) | 1 of 1 |
Year (2022) | 2 of 4 |
DATE | TARGET | DEAL TYPE | VALUE |
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2022-03-24 |
Door2Door
Berlin, Germany Door2Door is a mobility platform providing software solutions for on-demand shared mobility, multimodal routing, and mobility analytics. Door2Door licenses its B2G/B2B mobility software to municipalities, mass transit operators, transit agencies, corporations, and automotive companies, Door2Door is based in Berlin, Germany. |
Buy | - |
DATE | TARGET | DEAL TYPE | VALUE |
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2022-04-28 |
Zeelo
London, United Kingdom Zeelo is an operator of a smart bus platform and technology scale-up, measured by bookings. Zeelo serves large businesses and independent schools and moves nearly 150,000 riders each month across the world. Zeelo was founded in 2016 and is based in London, United Kingdom. |
Buy | - |