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M&A Deal Summary

Cuentas Acquires Limecom

On September 19, 2017, Cuentas acquired communications company Limecom

Acquisition Highlights
  • This is Cuentas’ 1st transaction in the Communications sector.
  • This is Cuentas’ 1st transaction in Italy.

M&A Deal Summary
Date 2017-09-19
Target Limecom
Sector Communications
Buyer(s) Cuentas
Deal Type Add-on Acquisition

Target

Limecom

Roma, Italy
Limecom, Inc. is a global telecommunications company that provides innovative and high quality services to providers from all over the world. Limecom operates a unified global network built on state of the art IPO switching equipment, meeting the needs for high availability, performance and scalability.

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Buyer(S) 1

Buyer

Cuentas

Miami, Florida, United States
Category Company
Founded 2005
Sector Communications
Employees6
Revenue 2M USD (2023)
DESCRIPTION

Cuentas engages in the business of using proprietary technology and certain licensed technology to provide innovative mobile banking, mobility, and telecommunications solutions to underserved, unbanked, and emerging markets. Cuentas was founded in 2005 and is headquartered in Miami, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Italy M&A 1 of 1
Year: 2017 M&A 1 of 1
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