M&A Deal Summary

CIBT Acquires SpeedyEgger

On October 6, 2022, CIBT acquired business services company SpeedyEgger

Acquisition Highlights
  • This is CIBT’s 1st transaction in the Business Services sector.
  • This is CIBT’s 1st transaction in the United States.
  • This is CIBT’s 1st transaction in District of Columbia.

M&A Deal Summary

Date 2022-10-06
Target SpeedyEgger
Sector Business Services
Buyer(s) CIBT
Deal Type Add-on Acquisition

Target

SpeedyEgger

Washington, District of Columbia, United States
Speedyegger specializes in authenticating and legalizing documents for both large and small enterprises. The company's services include new passport, passport renewal, lost or stolen passport, new child passport, add Visa Pages to passport, change of name on passport, extend limited passport, business travel visa, tourist visa, document authentication, and shipping document legalization. Speedyegger was formed in 2007 and is based in Washington DC.

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Buyer(S) 1

Buyer

CIBT

McLean, Virginia, United States

Category Company
Founded 1989
Sector Business Services
Employees1,300
DESCRIPTION

CIBT is a global provider of mobility services including visa, passport, and immigration documentation. CIBT serves multinational corporations, global travel management companies, tour and cruise operators, government agencies, and individual travelers. CIBT’s services simplify the time-consuming and complicated process of obtaining required travel documents and work authorizations, while providing an accurate and compliant service for corporate customers. CIBT was founded in 1989 and is based in McLean, Virginia.


DEAL STATS #
Overall 3 of 3
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (District of Columbia) 1 of 1
Country (United States) 1 of 1
Year (2022) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-08 Viselio

Berne, Switzerland

Viselio is a Swiss visa startup that has digitalized the process of applying for a travel visa. Viselio is based in Berne, Switzerland.

Buy -