Equals Group acquisition by TowerBrook, J.C. Flowers, Railsr consortium
Equals Group PLC announced recommended all-cash acquisition via scheme of arrangement with Alakazam Holdings BidCo Limited (TowerBrook Funds, J.C. Flowers Funds, Railsr Shareholders) on December 11, 2024.
- Primary
- Equals Group PLC
- Counterparty
- Alakazam Holdings BidCo Limited (TowerBrook Funds, J.C. Flowers Funds, Railsr Shareholders)
- Amount
- $390M
- Structure
- recommended all-cash acquisition via scheme of arrangement
- Date
- December 11, 2024
- Sub-sector
- Embedded Finance
Combines Equals' cross-border payments and banking capabilities with Railsr's embedded finance platform to create a leading European embedded finance and fintech payments business.
Source: investegate.co.uk