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M&A Deal Summary

Equiti Group Acquires Cloud Invest

On May 31, 2023, Equiti Group acquired information technology company Cloud Invest

Acquisition Highlights
  • This is Equiti Group’s 1st transaction in the Information Technology sector.
  • This is Equiti Group’s 1st transaction in Morocco.

M&A Deal Summary
Date 2023-05-31
Target Cloud Invest
Sector Information Technology
Buyer(s) Equiti Group
Deal Type Add-on Acquisition

Target

Cloud Invest

Casablanca, Morocco
Cloud Invest provides state-of-the-art Omni-channel payment solutions that cover traditional electronic payment transactions and support new digital transactions. The company offers a comprehensive range of products and services that empower banks, retailers, micro-finance, and other industries to enable seamless customer payment services. Its robust solutions allow acceptors to efficiently process various payment methods, including cash, bank accounts, cards, d-cards, d-wallets, and RFID tags. Cloud Invest is based in Casablanca, Morocco.

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Buyer(S) 1

Buyer

Equiti Group

Eden Island, Other-Not Shown
Category Company
Sector Information Technology
DESCRIPTION

Equiti Group provides trading technology and services on trading platforms. The Group's global footprint includes local offices in Europe, the UK, the Middle East, Africa, and the Asia Pacific region. Equiti Group is based in Eden Island, Seychelles.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Morocco M&A 1 of 1
Year: 2023 M&A 1 of 1
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