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  6. Malar Group of Companies Acquires Spendsafe

M&A Deal Summary

Malar Group of Companies Acquires Spendsafe

On November 7, 2025, Malar Group of Companies acquired information technology company Spendsafe

Acquisition Highlights
  • This is Malar Group of Companies’ 1st transaction in the Information Technology sector.
  • This is Malar Group of Companies’ 1st transaction in Canada.
  • This is Malar Group of Companies’ 1st transaction in Ontario.

M&A Deal Summary
Date 2025-11-07
Target Spendsafe
Sector Information Technology
Buyer(s) Malar Group of Companies
Deal Type Add-on Acquisition

Target

Spendsafe

Markham, Ontario, Canada
Spendsafe provides a digital money management platform for children and parents. The Company offers a debit card powered by Mastercard and a companion mobile app that allows parents to monitor, fund, and control their child’s spending while teaching financial literacy and saving habits. Spendsafe was founded in 2020 and is headquartered in Toronto, Ontario.

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Buyer(S) 1

Buyer

Malar Group of Companies

Toronto, Ontario, Canada
Category Company
Founded 2003
Sector Business Services
DESCRIPTION

Malar Group of Companies is a strategic investment and advisory firm that acquires and supports early- to mid-stage businesses across industries such as telecommunications, IT, health, education technology, and sustainability. The Company focuses on operational growth, technology enablement, and value creation for its portfolio firms. Malar Group of Companies was founded in 2003 and is headquartered in Toronto, Ontario, Canada.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
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