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  6. Crown Agents Acquires Segovia Technology

M&A Deal Summary

Crown Agents Acquires Segovia Technology

On April 4, 2019, Crown Agents acquired financial services company Segovia Technology

Acquisition Highlights
  • This is Crown Agents’ 1st transaction in the Financial Services sector.
  • This is Crown Agents’ 1st transaction in the United States.
  • This is Crown Agents’ 1st transaction in New York.

M&A Deal Summary
Date 2019-04-04
Target Segovia Technology
Sector Financial Services
Buyer(s) Crown Agents
Deal Type Add-on Acquisition

Target

Segovia Technology

New York, New York, United States
Segovia Technology facilitates payments across Africa and Asia through an integrated platform with support for both corporate payments and social programs. Segovia payments are helping refugees restart their lives in Europe, helping communities rebuild after Ebola in Liberia, and supporting gig economy workers in East Africa, among many other applications. Segovia Technology was formed in 2014 and is based in New York, New York.

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Buyer(S) 1

Buyer

Crown Agents

London, United Kingdom
Category Company
Founded 1833
Sector Financial Services
DESCRIPTION

Crown Agents is a provider of payments, trade finance, foreign exchange, and investment management services to the frontier and emerging markets, primarily in Africa, the Caribbean, and South-East Asia, and act as a commercial gateway for entities seeking to operate in these regions. Crown Agents was founded in 1833 and is based in London, United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1
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