M&A Deal Summary

Infinite Partners Acquires e4

On May 15, 2023, private equity firm Infinite Partners acquired internet software and services company e4 from Convergence Partners

Acquisition Highlights
  • This is Infinite Partners’ 1st transaction in the Internet Software and Services sector.
  • This is Infinite Partners’ 1st transaction in South Africa.

M&A Deal Summary

Date 2023-05-15
Target e4
Sector Internet Software and Services
Buyer(s) Infinite Partners
Sellers(s) Convergence Partners
Deal Type Secondary Buyout

Target

e4

Johannesburg, South Africa
e4 is a technology company offering edge, trusted electronic solutions and services. e4 specializes in the financial services industry, legal and data sectors, and assists organizations to be fully equipped for the future. e4 is based in Johannesburg, South Africa.

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Buyer(S) 1

DESCRIPTION


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2023 M&A 1 of 1

Seller(S) 1

DESCRIPTION

Convergence Partners is an investment group focused on technology, media, and communications opportunities in Africa. The Firm looks to fund initiatives that increase the availability of communications, broadband services and new technology offerings to the people of Africa. Convergence Partners was formed in 2006 and is based in Johannesburg, South Africa.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Secondary Buyout M&A Deals 1 of 1
Country: South Africa M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-04-24 42Markets Group

London, United Kingdom

42Markets Group is a global specialist technology group, that incubates and invests in businesses with deep financial and capital markets expertise. 42Markets Group was founded in 2008 and is based in London, United Kingdom.

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