M&A Deal Summary

MNT-Halan Acquires Tam Finans

On July 22, 2024, MNT-Halan acquired financial services company Tam Finans from Actera Group

Acquisition Highlights
  • This is MNT-Halan’s 1st transaction in the Financial Services sector.
  • This is MNT-Halan’s 1st transaction in Turkey.

M&A Deal Summary
Date 2024-07-22
Target Tam Finans
Sector Financial Services
Buyer(s) MNT-Halan
Sellers(s) Actera Group
Deal Type Add-on Acquisition

Target

Tam Finans

Istanbul, Turkey
Tam Finans is a commercial finance company with a primary lending focus on SME and micro businesses. The company operates a distribution network of 37 branches in 24 provinces. Tam Finans was founded in 2012 and is based in Istanbul, Turkey.

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Buyer(S) 1

Buyer

MNT-Halan

Cairo, Egypt
Category Company
Founded 2018
Sector Financial Services
DESCRIPTION

MNT-Halan is a fintech ecosystem that includes small and micro-business lending, payments, consumer finance, and e-commerce. MNT-Halan serves more than 4 million customers in Egypt, of which 3.1 million are financial clients and 1.8 million are borrowers. MNT-Halan was founded in 2018 and is based in Cairo, Egypt.

DEAL STATS #
Overall 2 of 2
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 2 of 2
Country (Turkey) 1 of 1
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-22 Talabeyah

Cairo, Egypt

Talabeyah is a B2B e-commerce platform that offers FMCG supplies directly to small merchants, retailers, and soon, consumers, meeting all their requirements with next-day delivery. Talabeyah was founded in 2020 and is based in Cairo, Egypt.

Buy -

Seller(S) 1

SELLER

Actera Group

Istanbul, Turkey

Investor

Category Private Equity Firm
Founded 2006
PE ASSETS 3.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Actera Group is an independent private equity firm focused on investment opportunities throughout Turkey. Actera looks to fund emerging or established businesses in a wide range of industries. Prospective transaction situations can include management buyouts, divestitures, consolidations or growth capital financing. The Firm's primary focus is providing capital to Turkish companies, however Actera will also consider partnering with Turkish businesses on opportunities outside the Country. Actera generally looks to invest in businesses valued greater than $75 million. Actera Capital was established in 2006 and is based in Istanbul.

DEAL STATS #
Overall 4 of 4
Sector (Financial Services) 1 of 1
Type (Add-on Acquisition) 4 of 4
Country (Turkey) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-09 Litum

Izmir, Turkey

Litum is a technology company and is a prominent player in Real-Time Location Systems (RTLS), Internet of Things (IoT), and Industry 4.0. Litum designs and manufactures its entire solution portfolio. Litum solutions are utilized by industry-leading firms, including fortune 500 companies, in more than 45 countries around the world. Companies are able to track the location of their employees, assets, and equipment in real-time using litum solutions. Litum was founded in 2004 and is based in Izmir, Turkey.

Buy -
Mergr

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