M&A Deal Summary

Sojitz Acquires Finviet

On April 26, 2024, Sojitz acquired internet software and services company Finviet

Acquisition Highlights
  • This is Sojitz’s 1st transaction in the Internet Software and Services sector.
  • This is Sojitz’s 1st transaction in Vietnam.

M&A Deal Summary
Date 2024-04-26
Target Finviet
Sector Internet Software and Services
Buyer(s) Sojitz
Deal Type Add-on Acquisition

Target

Finviet

Ho Chi Minh City, Vietnam
Finviet is a SaaS company introducing cashless payment smartphone apps and an online ordering platform for small-scale retail stores in Vietnam. Finviet was founded in 2016 and is based in Ho Chi Minh City, Vietnam.

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Buyer(S) 1

Buyer

Sojitz

Tokyo, Japan
Category Company
Founded 2003
Sector Business Services
Employees22,819
Revenue 2.41T JPY (2024)
DESCRIPTION

Sojitz is a general trading company. Sojitz Group offers businesses globally, including buying, selling, importing, and exporting goods, manufacturing and selling products, providing services, and planning and coordinating projects, in Japan and overseas. Sojitz was established in 2003 and is based in Tokyo, Japan.

DEAL STATS #
Overall 7 of 10
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 4 of 7
Country (Vietnam) 1 of 1
Year (2024) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-21 Silaba

San Francisco, Panama

Silaba is an automotive import wholesaler and dealership operator. Silaba was founded in 1991 and is based in San Francisco, Panama.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-05 Washamerica

Angleton, Texas, United States

Washamerica is a tank car repair service primarily for major U.S. oil companies. Washamerica was formed in 1967 and is headquartered in Angleton, Texas.

Buy -
Mergr

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