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M&A Deal Summary

Treepz Acquires UgaBus

On November 23, 2021, Treepz acquired information technology company UgaBus

Acquisition Highlights
  • This is Treepz’s 1st transaction in the Information Technology sector.
  • This is Treepz’s 1st transaction in Uganda.

M&A Deal Summary
Date 2021-11-23
Target UgaBus
Sector Information Technology
Buyer(s) Treepz
Deal Type Add-on Acquisition

Target

UgaBus

Kampala, Uganda
Ugabus is a travel-tech start-up that provides travelers instant access to the most extensive network of city-to-city and inter-town buses using a robust bus booking platform. It has listed 100+ routes across East Africa and enabled travelers easily and conveniently book their bus trips online. Travelers and commuters can search, compare, and buy bus tickets from large and small-scale bus companies across the region. Ugabus was formed in 2016 and is based in Kampala, Uganda.

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Buyer(S) 1

Buyer

Treepz

Lagos, Nigeria
Category Company
Founded 2019
Sector Information Technology
DESCRIPTION

Treepz is building a shared mobility platform that offers commuters convenience, safety, and comfort through daily rides and road travel ticketing services. With Operations in Nigeria, Ghana and now Uganda, Treepz is changing the way hundreds of thousands of commuters get around with close to half a million rides completed on the app, providing fast and convenient trips in real-time. Treepz was formed in 2019 and is based in Lagos, Nigeria.

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: Uganda M&A 1 of 1
Year: 2021 M&A 1 of 1
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